Banking

Remittances: Aiding the Individual or Private Business?

Published 1 year ago PRESS RELEASE1y ago • Bookmarks: 19

Remittances to Cuba form a large part of the economy. Why not put them to work?

The eventual legalization of small and medium-sized private companies, together with the strengthening and greater autonomy of municipalities in the new territorial division endorsed by the new Cuban Constitution could become opportunities for investment of remittances at the local level.The government of Cuba is studying…

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