Cuba Loosens Control of Its Private Sector in a Struggle with a Mounting Humanitarian Crisis
The 176-measure package lifts restrictions on fuel, medicines and power as Cuba seeks to ease shortages and keep key sectors under state control.
- Cuba is easing controls on its private sector by removing 46 prohibitions and relaxing 35 regulations to address medical and energy shortages.
- The government approved private care facilities for elderly Cubans in response to the migration of younger generations abroad.
- New rules will ease imports of electric vehicles to tackle transportation issues caused by gasoline shortages.
- Restrictions on Cuba's oil sector will be loosened to attract foreign investment and private business operations.
36 Articles
36 Articles
Cuba loosens control of its private sector in a struggle with a mounting humanitarian crisis
Cuba has loosened restrictions on private businesses to allow imports of foreign goods and medicines, a sector firmly controlled by the Communist-led government.
Cuba Expands Market Reforms As Socialist Economy Buckles Under Trump Pressure
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
In the midst of a severe crisis, Cuba opened gas stations, pharmacies and port facilities to private actors.
Crisis-hit Cuba opens pharmacies, gas stations to private firms
A lengthy decree lifted restrictions on a swath of sectors including petrol distribution, electricity generation, rubbish collection and the manufacture and sale of medicines. Amid a de-facto US fuel embargo, daily life in Cuba has been upended by rolling blackouts, water cuts and acute shortages of food and medicine. The reforms seemed designed to target the most affected parts of daily life, and to provide a release value for growing political…
Faced with a crisis, the government considerably reduces the number of activities banned from private companies.
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