{"id":294979,"date":"2024-01-20T19:34:24","date_gmt":"2024-01-21T00:34:24","guid":{"rendered":"https:\/\/oncubanews.com\/en\/?p=294979"},"modified":"2024-01-20T19:34:24","modified_gmt":"2024-01-21T00:34:24","slug":"cuban-msmes-exceed-10000","status":"publish","type":"post","link":"https:\/\/oncubanews.com\/en\/cuba\/economy\/cuban-msmes-exceed-10000\/","title":{"rendered":"Cuban MSMEs exceed 10,000\u00a0"},"content":{"rendered":"

The Cuban Ministry of Economy and Planning (MEP) approved this Thursday 133 new <\/span>micro, small and medium-sized businesses (MSMEs)<\/b><\/a>.<\/span><\/p>\n

With this, these new economic actors on the island exceeded 10,000 since their entry on the scene in 2021.<\/span><\/p>\n

Only three of the MSMEs approved in the new group are state-run and the rest are private, according to the MEP on its Telegram channel.<\/span><\/p>\n

The majority operate in gastronomic activities, the production of materials, elements, and articles for construction, a report from the EFE news agency said.<\/span><\/p>\n

After being prohibited since 1968, small and medium-sized businesses returned to Cuba\u2019s economic scene in September 2021, within the framework of government reforms. Currently, there are 10,076, the Spanish media confirmed.<\/span><\/p>\n

Considered by some specialists as great drivers of the economy, in Cuba, not a few blame them for high inflation. In addition, it is also stated that the high prices of its products have highlighted and deepened the social differences on the island.<\/span><\/p>\n

From state grocer\u2019s to MSME grocer\u2019s: new domestic trade in Cuba<\/a><\/p><\/blockquote>\n