Tag: Cuba National Assembly

• Friday, March 28th 2014 - 08:01 UTC

  Cuba ready to implement an ambitious foreign investment with generous tax breaks

  

  Cuba's government has released further information on a proposed foreign investment law that will cut the profits tax in half and exempt investors from paying it for eight years in an attempt to attract capital into the communist economy.

• Friday, July 27th 2012 - 05:17 UTC

  Cuba to end Soviet-style economy and will implement market friendly policies

  

  Cuba adopted a new tax code this week and said it would loosen regulations on some state companies while turning others into cooperatives, as one of the world's last Soviet-style economies moves in a more market-friendly direction.

• Thursday, April 21st 2011 - 06:59 UTC

  Where’s the new blood? Cuban reforms to be implemented by the old guard

  

  Cuba's Communist Party selected President Raúl Castro and hard-liners from the old guard to steer wide-ranging reforms of the island's crumbling economy. As expected, Raúl Castro, 79, was chosen at a four-day party congress to replace his older brother Fidel Castro as first secretary of the ruling party's Central Committee.

• Sunday, August 8th 2010 - 07:34 UTC

  Fidel surprises everybody and only speaks to the Assembly for 10 minutes

  

  Fidel Castro, the former Cuban leader delivered Saturday his first speech to the national assembly since resigning over ill health four years ago. The chamber erupted into applause at the sight of Mr Castro, dressed in his familiar olive-green fatigues but without his comandante's insignia.