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Bolivian TV channel reports about new actors in Cuban economy

Bolivian TV channel reports about new actors in Cuban economy

La Paz, Sept 30 (Prensa Latina) The state-owned television channel Bolivia TV on Thursday reported the entry of new productive forces into Cuba's economy after the authorization of the first 35 micro, small and medium enterprises (MSMEs).

On its website, the channel reported that, according to Cuban authorities, 32 of these enterprises are private and three, state-owned, under the legislation for their creation across the country.

It added that the recently approved economic actors are part of a process that is complemented by reforms for non-agricultural cooperatives and self-employment (private) in Cuba.

The Bolivian TV channel also reported that, according to the Ministry of Economy and Planning of Cuba, the MSMEs are not conceived as second-hand or subsistence enterprises, but to generate a high added value, contribute to the nation’s GDP and to have a professional potential.


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