Home » Cuba, the government authorizes the first 32 private companies after 60 years of socialism

Cuba, the government authorizes the first 32 private companies after 60 years of socialism

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After more than half a century, private initiative returns to Cuba. A historical turning point, although still partial. The sign of a change sanctioned during the last Congress of the Communist Party and then applied with the President’s reform law Miguel Diaz-Canel. Last Wednesday, just ten days after the law came into force, the government approved the first 35 mipymes – micro, small and medium-sized enterprises – 32 of which are private and 3 state-owned.

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