Cubans Will Be Allowed to Set Up Businesses

May 25, 2016, 11:03 AM
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Cuba is set to legalize "private businesses of medium, small and micro size" in a bid to stimulate growth in an economy that's been largely under strict state control since the 1950s Communist revolution.

The BBC reports that the reform was included in a 32-page plan for economic development, which has been approved by Congress.