Saturday, January 29, 2022
name of Prensa Latina
Bandera inglesa
English Edition
name of Prensa Latina



Creation of new economic players progresses in Cuba

Creation of new economic players progresses in Cuba

Havana, Jan 13 (Prensa Latina) The creation of new economic players with non-state forms of manegement progresses in Cuba with the approval today of 99 new applications, according to a note of the Ministry of Economy and Planning.
Share on facebook
Share on twitter
Share on whatsapp
Share on telegram
Share on email

The new organizations authorized include 97 private micro, small and medium-sized enterprises (MSMEs), one state-owned enterprise and one non-agricultural cooperative.

With this decision, a total of 1, 471 economic players have been approved since the process began an the end of September of last year, including 1, 423 private MSMEs, 27 state-owned and 21 cooperative.

In total, it is estimated that these new forms of productive and service management will generate 23, 277 new job vacancies in the economy.

Since December 20th, 2021, when the legal norms that support this process came into effect, MSMEs have been growing as entities adjusted to the characteristics of the Cuban economy with tax and legal differences which coincide with self-employment (private) and non-agricultural cooperatives.


name of Prensa Latina

| Text SMS to 8100 with content PL
Receive 4 mesages x 25 cup

© 2016-2021 Prensa Latina
Latin American News Agency

Radio – Publications  – Videos – News by the minute.
All Rigts Reserved.

St. E No 454 , Vedado,  Habana, Cuba.
Phones: (+53) 7 838 3496, (+53) 7 838 3497, (+53) 7 838 3498, (+53) 7 838 3499
Prensa Latina © 2021 .

Web Site developed by IT Division  Prensa Latina.