private sector

Cuba’s Economic Realities Creating New Challenges

Since 2019, Cuba has suffered through Covid shutdowns, anti-government protests, loss of tourism, monetary dislocation, and a developing new economic…

2 years ago

Cuba to Allow Foreign Investment in the Private Sector

Among the announcements this week by the Minister of Economy and Planning, Alejandro Gil, is the approval of foreign investment…

3 years ago

Towards Economic Development – MSMEs on the Rise

As the number of micro, small and medium-sized enterprises (MSMEs) grows in Cuba, so will the benefits this dynamic sector…

3 years ago

Private Business on the Rise in Cuba

This week the Ministry of Economy and Planning (MEP) approved 60 new private business applications - micro, small and medium-sized…

4 years ago

Private Sector Increase in Foreign Trade Activities

Private sector foreign trade continues to increase through the government-owned import-export companies set up to enable these activities. Maria Isabel…

4 years ago

New Entities to Conduct Foreign Trade for the Private Sector

Four new entities get the go-ahead to conduct foreign trade for the private sector, confirmed by a recently published modification…

4 years ago

New Private Sector Jobs to Boost Employment and the Economy

On February 6, Cuba's Council of Ministers approved the expansion of the list of allowable types of private sector jobs…

4 years ago

Cuba Announces the Expansion of the Small Business Sector

In a move to stimulate the economy and create employment, Cuba has announced the expansion of the small business sector…

4 years ago