Cuba makes more reforms to retail sector

By REUTERS
December 26, 2011 18:56

HAVANA - Cuba will open up more of the country's retail services to the private sector next year, allowing Cubans to operate various services such as appliance and watch repair, locksmith and carpentry shops, official media reported on Monday.

The measures are the latest by President Raul Castro in his attempt to reinvigorate Cuba's struggling Soviet-style economy by reducing the role of the state and encouraging more private initiative.

A resolution published in the official gazette on Monday said the new reforms would take effect on Jan. 1.

Earlier this year, the Cuban government turned over some 1,500 state barbershops and beauty parlors to employees.

Former state employees now pay a monthly fee for the shop, purchase supplies, pay taxes and charge what the market will bear.


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