CUBAN ECONOMY

Cuban authorities invited foreign entrepreneurs in the construction field to invest at the Mariel Harbor Special Development Zone.»

Cuba will increase its annual budget for wholesale milk subsidies in the basic family food basket, by 12 million pesos ($12 million USD at the official exchange rate).»

Cuban President Raul Castro called to make a critical and constructive analysis of the process to implement the measures that are part of the update of the country’s economic model.»

Since 2010, the year when self-employment was boosted in Cuba, the number of self-employed workers has increased threefold.»

Sancti Spiritus labor unions discuss the Draft Labour Code»

With a rise in number of travelers from Chile and Brazil, the flow of tourists from the Southern Cone countries to Cuba now exceeds 100 percent, reflecting the growing interest of these markets in the Caribbean island, official statistics reflect.»

President Raul Castro called Cubans to wage a battle against social indiscipline.»

Cuban President Raul Castro said the country is making progresses and results are noticing, during a meeting with the Council of Ministers, Granma newspaper reported.»

Cuban farmers are currently committed to boost the production of rice, coffee, meat, milk, vegetable and sugar cane.»

The President of the Cuban Councils of State and Ministers, Army General Raul Castro, described the ongoing update of the Cuban Economic Model as positive as he said that the process is giving firm steps into major issues.»