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September Saturday

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.

Japan´s interest in trading with Cuba in areas such as tourism and agriculture was confirmed during meetings held between representatives of the Cuban embassy in Japan and local businessmen.

Antonio Carricarte, president of the Cuban chamber of commerce, and his Canadian counterpart, Nancy Lussier, held a successful exchange on Thursday with the aim of expanding economic and commercial ties between the two governments.

Vietnam gave 5,000 tons of rice promised to Cuba, as a gesture of solidarity with the Caribbean island in the midst of the difficult and complex economic situation aggravated by the COVID-19.

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