Pages

Tuesday, June 09, 2009

Cuba to Carry out Reforms in Face of Economic Crisis

Cuba to Carry out Reforms in Face of Economic Crisis
2009-06-09 10:22:35 Xinhua Web Editor: Cao Jie

The Cuban government announced that it will soon make "inevitable"
reforms in the country to tackle the international economic crisis,
local press said on Monday.

"Nowadays many intense discussions are being conducted in the ruling
system" to make modifications in the productive sector, said an article
published Monday by the official daily Granma.

The Communist Party of Cuba said that the crisis will not be
inextricable if the businesses conduct a deep revision of their
inventories, together with the mobilization of the citizens.

"It is an issue of principles not to make income fall short of
expenditure," said Granma's Director Lazaro Barredo, adding that "the
lack of demand and discipline" must be overcome.

Barredo said that one of the most important issues in current situation
is "to face the mentality of expenditure that many companies have in the
country and most of the time they do not ask how much things cost."

Barredo also said that Cuba has adopted measures to avoid the
deterioration of fundamental social programs, such as education and
health, to keep the employment rate and to guarantee each citizen has
equal calories, proteins and fats.

Cuba to Carry out Reforms in Face of Economic Crisis (9 June 2009)

http://english.cri.cn/6826/2009/06/09/1721s491556.htm

No comments: