Cuban Government Describes as Ineffective and Harmful the 30% Profit Cap on Sales from the Private Sector to the State
Economist Pedro Monreal points out that this measure “entails the risk of corrupt markets.” 14ymedio, Madrid, 28 June 2024 — Cuba’s private sector will be able to obtain a maximum profit of 30% on the goods and services it sells to the State as of July 1. This Thursday, the Cuban Government made public a resolution … Continue reading “Cuban Government Describes as Ineffective and Harmful the 30% Profit Cap on Sales from the Private Sector to the State”