Cuba to Legalize Small and Medium-Sized Private Businesses

Cuba to Legalize Small and Medium-Sized Private Businesses
By MICHAEL WEISSENSTEIN, ASSOCIATED PRESS HAVANA — May 24, 2016, 9:33

Cuba says it will legalize small and medium-sized private businesses, a
move that could significantly expand the space allowed for private
enterprise in one of the world's last communist countries.

Communist Party documents published Tuesday say a category of small,
mid-sized and "micro" private business is being added to the party's
master plan for social and economic development.

Until now, the government has allowed private enterprise only by
"self-employed" workers in several hundred established categories. In
reality, many of those workers have become small business owners
employing other Cubans. But many complain about the difficulties of
running a business in a system that does not officially recognize them,
and that often engages in crackdowns on successful businesses for
supposed violations of the arcane rules on self-employment.

Source: Cuba to Legalize Small and Medium-Sized Private Businesses - ABC
News -
http://abcnews.go.com/International/wireStory/cuba-legalize-small-medium-sized-private-businesses-39332077