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Communist-run Cuba listens to private sector, eases new rules

Reuters  |  HAVANA 

By Sarah Marsh and Nelson AcostaHAVANA (Reuters) - Cuba's government said on Wednesday it was easing new regulations on the Communist-run island's fledgling private sector just two days before they are due to go into effect to take into account the concerns of entrepreneurs and experts.Unease with wealth accumulation and concerns about tax evasion and other illegalities had prompted the government to announce in July tighter controls on the private sector which has flourished in the wake of market reforms eight years ago.But some of the restrictions announced sparked widespread frustration ...

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First Published: Thu, December 06 2018. 09:54 IST