Raul Castro chairs "national seminar on Economic Changes"

14:56, November 12, 2010      

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Cuban leader Raul Castro chaired here Thursday the first session of the national seminar on the "Draft Guidelines of the Economic and Social Changes".

The meeting, to last till Saturday, was attended by 523 chosen communist leaders, including members of the Political Bureau, the CCP Central Committee Secretariat, ministers, party leaders, and other officials.

The leaders will explain the "Guidelines" of the new changes to party members at the party's grass-roots organizations and later to the Cuban people.

During a brief speech, Castro stressed the importance of "doing a good job in explaining the party's document to grass-roots party members, workers and the rest of the communities."

The "guidelines" will be discussed at the sixth Congress of the CCP, which will be held in April 2011.

Cuban authorities published on Tuesday an official document explaining the guidelines of the economic and social policy for the next five years.

These "guidelines" include a new model of economic management, the macroeconomic policies, the foreign economic policy and the investment policy.

The new measures include the implementation of a plan to cut more than 500,000 jobs in the bloated public sectors, allowing its people to start small businesses in 178 different professions after 42 years of total state control over the economy.

Since he took office in 2007, Castro has repeatedly urged to restructure the Cuban economic model for a better use of the human and material resources, in order to improve the weak national economy affected by the global financial crisis and the U.S. embargo.

Source: Xinhua

(Editor:张茜)

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