Cuban state-run enterprises will be more independent from the State although they will be under the charge of the Council of Ministers, after the coming into force of new regulations seeking to improve the management and efficiency of the country\u2019s economic fabric.
\nThe new regulations will be extended to the \u201cbusiness upgrading\u201d of all the country\u2019s state-run enterprises, giving greater authority to the companies\u2019 executives and \u201cspecifying\u201d the work of the business management higher organizations (OSDE), the enterprises and the grass-root business units.
\nThus, according to the daily Granma, the OSDE will exercise over the enterprises \u201cmanagement and control functions, but without intervening in their work and with a strict respect for their autonomy.\u201d
\nThe priority control will be exercised \u201cover the general results of the entire organization and the use of the resources assigned by the government,\u201d it notes.
\nMoreover, these higher business agencies will be seen to \u201cby a member of the Council of Ministers appointed to this effect, which is personal and non-delegated: they will be responsible for the tasks of orientation, coordination and control, without supplanting the president of the OSDE in his\/her function of management.\u201d
\nAccording to the new regulation, the ministers\u2019 functions in relation to those agencies include assessing their economic results, controlling the investment process and the transference of technology from and to other countries.
\nThe minister will also supervise \u201cthe economic damages caused to the country\u201d by each OSDE-member enterprise under their responsibility, \u201cincluding their foreign trade operations,\u201d and will coordinate \u201cthe application of the foreign investment policy, collaboration and their results.\u201d
\nThese new policies form part of the process of upgrading of the socialist model promoted in the last decade by Ra\u00fal Castro, which has also included the expansion of self-employment and the recent recognition of private enterprise, although still with important limitations.
\nEFE \/ OnCuba<\/p>\n","protected":false},"excerpt":{"rendered":"
Cuban state-run enterprises will be more independent from the State although they will be under the charge of the Council of Ministers, after the coming into force of new regulations seeking to improve the management and efficiency of the country\u2019s economic fabric. The new regulations will be extended to the \u201cbusiness upgrading\u201d of all the […]<\/p>\n","protected":false},"author":2445,"featured_media":110821,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[],"ppma_author":[33669],"class_list":["post-129609","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"\n