Cuban party delegates make final revisions to reform plan

14:46, April 19, 2011      

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Delegates to the ongoing Sixth Congress of the ruling Communist Party of Cuba Monday made final revisions to the comprehensive economic reform plan proposed by Cuban Leader Raul Castro.

About 1,000 delegates held group discussions in five committees on a host of reform propoals before completing revisions, the state-owned NNTV reported.

A total of 311 points have been discussed in a bid to decide how to transform the current central planning economy model to a more open, free and market-based one, it said.

Meanwhile, Cuban leaders had said that all efforts to modernize the economy must be in line with the socialist principles of the country's 1959 Revolution.

In order to "guarantee the irreversibility of socialism," they said the plan would seek to open the economy for private investments, lay off thousands of jobs from over-populated state companies, decentralize the agricultural industry while encouraging more entrepreneurial autonomy and elimination of subsidies.

The congress is also widely regarded as a generation-change event for the party leadership, as delegates are expected to elect new members to the politburo and central committee to gradually replace the old generation of leaders from the 1959 Revolution.

Source: Xinhua
 
 
     
 
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