Friday, March 4, 2011

Cuba changes plans to reduce one million state jobs

Cuba changes plans to reduce one million state jobs
3 March 2011 Last updated at 13:41 GMT Help

The Cuban government has admitted that its plans to lay off a million
state workers are behind schedule and will not be completed for at least
five years.

The changes are part of a major restructuring of the economy which will
see the introduction of more private enterprise and less central
planning. The government sees it as vital to sustaining the communist
system, rather than as a shift towards capitalism.

Dr Stephen Wikinson, director of the Centre for Caribbean and Latin
American Research at London Metropolitan University tells BBC Radio 5
live Up All Night's Rhod Sharp that the process of reducing the state
workforce has been successful.

http://www.bbc.co.uk/news/business-12635962

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