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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).
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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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