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November Sunday

New MSMEs Boost Cuban Economy

Havana, Nov 24 (ACN) The Cuban Economy and Planning Ministry approved another 100 private micro, small and medium companies, one state-run and two cooperatives, to take the number of these entities to 718 since the approval process kicked off in September.

Out of that figure, 686 are private companies, 16 state-run and 16 are cooperatives. These entities are expected to create over 11 thousand jobs, according to the Economy Ministry.

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