HAVANA TIMES, March 30 — Cuban President Raúl Castro announced the opening of credits for the farmer sector and persons authorized to exercise self-employment, in an expanded meeting of the Council of Ministers. In addition, small private enterprises will now be able to offer products and services to state entities.
Those measures join the group of reforms begun by the government “to modernize the country’s socialist system.”
The amount of funds being made available for such loans and the requirements to obtain them were not detailed.
Another demand of newly created private businesses is for the government to establish wholesale markets where they can legally purchase the inputs and products they need to do business. Those currently do not exist and many things are only available on the black market.