Weekly Report - 03 August 2017 (WR-17-30)

CUBA | Shaking up the private sector. According to a press release by the Cuban state mouthpiece Granma on 1 August, the Cuban government has temporarily suspended the concession of licenses to private business including holiday home rentals, transport services, and small restaurants – locally known as ‘paladares’ – three of the largest income-generating private activities permitted by the government. Granma said that the decision aims to improve the regulation of the self-employment sector (cuentapropismo) to correct inefficiencies and stop illegalities and deviations in private work. According to Granma, more than half a million people are currently self-employed in Cuba, some 12% of the labour force.

End of preview - This article contains approximately 368 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

• Subscribe
• Sign up for a one-time, 14-day trial