Cuba Seeks to Boost Its Post-Pandemic Economy

In parallel with the start of the first relaxation stage of the coronavirus measures, Cuba's government announced new economic reforms late last week.

RIO DE JANEIRO, BRAZIL  - In parallel with the start of the first relaxation stage of the coronavirus measures, Cuba's government announced new economic reforms late last week, with which the country intends to tackle the economic impact of the pandemic.

State foreign trade is to be decentralized in order to grant companies greater decision-making powers. For the first time, private companies will also be allowed to export goods and cooperate with foreign investors in Cuba.

The coronavirus pandemic is inflicting severe economic damages around the globe. The UN Economic Commission for Latin America and the Caribbean (ECLAC) projects . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?