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21
December Sunday

The Central Bank of Cuba and the Ministry of Finance and Prices will offer 1.8 billion pesos in 2021 to meet working capital and investment needs in selected companies whose output can have an impact on prioritized productions.

The Cuban Domestic Trade Minister (MINCIN) rejected rumors spread on social media about an alleged commercialization of cooking oil donated by friendly nations.

Authorities in eastern Holguin province are focused in the process that will set up micro, small and medium enterprises (MSMEs) as new economic actors recently approved to contribute to a better use of local reserves in the benefit of the country’s production of goods and services.

A report by the Economic Commission for Latin America and the Caribbean –ECLAC—points at a freefall of direct foreign investment in the Latin American and Caribbean region last year marked by a sanitary, economic and social crisis caused by the COVID-19 pandemic

 Cuba needs to take coffee production to the lowlands to take advantage of the potential of the labor force and some soils, in order to increase harvests, especially those that can be destined for national consumption.

The Logistics Business Group of the Ministry of Agriculture (Gelma) will begin to implement in September the payment through the EnZona app in its four shopping centers in Havana, an alternative that provides benefits to producers and facilitates management.

 In line with the Cuban State's policy that non-state management forms (FGNE) have an active role in the country's development, the Chamber of Commerce of the Republic of Cuba (CCRC) is preparing to offer them promotion, information, training and advisory services.

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