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Cuba focused on better wages and more jobs amid economic reform


Cuba focused on better wages and more jobs amid economic reform
Cuba focused on better wages and more jobs amid economic reform
Havana, Mar 6 (Prensa Latina) The elimination of salary distortions and the increased job openings in the productive sector are nowadays some of the results of Cuba´s Economic Overhaul, official sources reported.
According to the Ministry of Labor and Social Security, Cuba promotes training courses and job offers as part of the Monetary Overhaul, a measure that benefited more than 80,000 Cubans from January 1 to March 3.
In that time, 76,020 people accepted new job options, while 4,508 were linked to training courses. ....

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Cuban Government Approves Expansion of Private Business


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In an attempt to revive and transform its COVID-stricken economy, Cuba will significantly expand its private sector, authorities announced. The long-awaited change in economic policy was approved by the government Council of Ministers last week, according to the Communist Party newspaper,
Granma, and made public by the Minister of Labor and Social Security, Marta Elena Feitó, on February 6.
“That private work continues to develop is the objective of this reform,” she stated, announcing that the government would lift most restrictions on small businesses in Cuba to help “free the productive forces” of the private sector. The reform is “an important step to increase employment,” Minister of the Economy Alejandro Gil added on Twitter. ....

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