Cuba to recognise private property and free market for first time under new constitution

Cuba to recognise private property and free market for first time under new constitutionCuba is set to officially recognise the free market and private property for the first time under sweeping reforms to its constitution intended to boost the island’s economy. Property sales were banned after Fidel Castro came to power in 1959, but are now allowed following a law change in 2011. The new reforms also include the introduction of the presumption of innocence in the island’s justice system and the creation of the position of prime minister, alongside the existing president.


Source: Yahoo! News