Cuban reforms now to drag out over 5 years: Raul Castro
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Cuban reforms now to drag out over 5 years: Raul Castro

Last Updated: Wednesday, March 02, 2011, 12:02
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Cuban reforms now to drag out over 5 years: Raul Castro Havana: Cuba will need "at least five years" to see through economic reforms after running into problems with its plan to lay off half a million state workers, President Raul Castro said.

"Carrying out our model is not the task of just one day, not even of one year, and because of its complexity it will require at least five years to complete its implementation," state television quoted him telling a cabinet meeting late Monday.

"The biggest threat to the revolution resides precisely in the mistakes we could make," said the 79-year-old leader, brother of former president and revolutionary icon Fidel Castro.

Cuba in January began a process of axing 500,000 state employees as part of an ambitious overhaul designed to build up a private sector in an economy that has been run on communist lines by the government since Fidel Castro took power in 1959.

The lay-offs were to have been completed in March this year.

But in the meeting with his cabinet and the Council of State, a 31-member government body, Raul Castro admitted he needed to "change the deadlines" because of "delays."

"A task of this magnitude, which in one way or another affects so many citizens, cannot be set to inflexible deadlines," he said.

Raul Castro's reforms seek to have former state workers absorbed by the private sector, for state subsidies to be cut, for urban cooperatives to spring up, the welcoming of foreign capital, and for companies to operate autonomously.

Castro called for the project to go ahead "with rush, but without pause."

Many Cubans, however, are balking at starting their own business because of the challenges of securing products in an economy lacking warehouse-retailer infrastructure, and in getting loans.

Economists say the private sector is far from ready to be in condition to pick up so many workers who are on the government pay-roll but who are now tagged as "available."

PTI

First Published: Wednesday, March 02, 2011, 12:02

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