Cuba opens up more private enterprise, including wine sales, accountants
- Submitted by: manso
- Business and Economy
- 09 / 25 / 2010
01:37 PM. Cuba, which said last month it was firing 500,000 state workers, today announced it is expanding or opening private enterprises in 178 areas including restaurants, wine sales, massages, car repair and even private rentals of rooms and automobiles.
For the first time, Cubans can now work privately as accountants, bathroom attendants, tutors and fruit vendors.
"The decision to loosen the rules on private employment is one of the steps the country has taken in the redesign of its economic policies to increase production levels and efficiency," the Communist party newspaper Granma reports today in a three-page spread.
In addition, Cubans in 83 private activities will be allowed to employ people other than their relatives.
The Central Bank is even studying ways to provide small loans for new entrepreneurs, the newspaper says.
(Posted by Doug Stanglin)
Source: http://content.usatoday.com/communities/
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