Mon, Mar 31, 2014 - Page 15 News List

Cubans overhaul foreign investment law


Former Cuban Central Bank economist Pavel Vidal said foreign investment has averaged at 20 percent less than forecast in the years since Castro’s reforms began.

In a recent report, he wrote that the investment law represents “the last opportunity for the reform to come close to the growth goals planned through 2016.”

The Cuban parliament usually meets twice a year, in July and December. Castro announced the extraordinary session late last year.

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