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April Saturday

Miguel Angel Ramirez, Cuban ambassador to Japan, held a positive exchange today with Junichiro Yamasaki, Deputy General Manager of the Business Department for Energy, Infrastructure and Urban Development of the important Japanese company Mitsubishi Corporation, recently appointed as the new Director for its office in Havana.

Cuba will participate, as President pro tempore, of the Economic Commission for Latin America and the Caribbean (ECLAC), in Session 35 of the Plenary Committee of that organization, which will be held virtually next Tuesday, August 4, 2020.

The diversification of income levels in the State budget and a greater decentralization in the management of financial resources are among the changes to be implemented in Cuba, as part of the government's strategy for post-COVID-19 economic recovery.

By opening whole sales and facilitating exports and imports for the non-state businesses, plus other encouraging measures, Cuba is empowering the private sector as one more key player in its economic development.

Cuban citizens and foreign residents in Cuba can receive international money orders from Peru and Colombia amounting to up to 1,000 dollars, announced Tuesday the Correos de Cuba Business Group.

Alejandro Gil, Deputy Prime Minister and Economy and Planning Minister noted that Cuba will maintain the centralized economic planning, which he described as a strength of the system.

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