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[BUSINESS] · Cuba · 2 sources

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Cuba debates structural reforms for state-owned enterprises

Cuban state-owned enterprises are undergoing significant structural transformations as part of a broader set of 176 economic and social measures. Central to these changes is the recently approved and published Decree-Law 120, which aims to redefine the role and operation of state entities within the national economy.

Key aspects of the proposed reforms include an increase in the limits of autonomy granted to state-owned enterprises. Discussions among economic experts and officials from the Ministry of Economy and Planning have focused on whether all state enterprises will be required to convert into mercantile societies and which authorities will hold the power to mandate such transformations.

The debate emphasizes seeking consensus within the socialist model while addressing how these organizational changes will impact the sector's overall functionality and its contribution to the country's economic direction.

Entities

ANEC · Ministry of Economy and Planning