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New rules fuel expectations in Cuba's nascent private sector

Last update: 12/07/2018

By Raimundo Urrechaga

HAVANA, July 12 (Bernama) -- A planned overhaul of Cuba's private sector has generated excitement and anticipation among the nearly 600,000 self-employed workers, reports Xinhua.

These workers are generally small business owners who rent houses or rooms, run eateries or provide other services to local residents and foreign visitors.

The regulations, including limiting business licenses to one per person, will take effect in December. They aim to address problems such as the black market, tax evasion and wealth inequality that have long haunted the country's private sector.

"Any activity that is organised (and) planned always brings (good) results to everyone, both providers and receivers of the services," Rafael Cruz, a photographer with seven years of experience, told Xinhua.

Yusney Piedra, a barber in Havana's residential district of Nuevo Vedado, agrees. He has worked as a barber for 12 years, seven of them successfully self-employed.....


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