Friday, September 26, 2014

Cuba promotes official who has led market-style reforms

Cuba promotes official who has led market-style reforms
Reuters

HAVANA (Reuters) - Cuban President Raul Castro granted more authority to
the man who has led the campaign to modernize Cuba's socialist economy,
naming Marino Murillo as economy and planning minister on Thursday, the
government said.
Former Economy Minister Adel Yzquierdo, 69, was demoted from minister to
deputy minister but will retain his position on the powerful 14-member
Political Bureau of the ruling Communist Party, the government said in a
statement.
Murillo, 53, also a member of the politburo and one of Cuba's vice
presidents, takes over as head of the ministry in an attempt to give
more impetus to the market-oriented reforms that Castro has been
implementing since taking over for his ailing brother Fidel Castro in 2008.
"It is necessary to take the process of modernizing the economy and
planning to a higher level," the statement said.
Marino will retain his position as chief of the commission charged with
implementing the reforms, the statement said.
(Reporting by Daniel Trotta; Editing by Ken Wills)

Source: Cuba promotes official who has led market-style reforms - Yahoo
News UK -
https://uk.news.yahoo.com/cuba-promotes-official-led-market-style-reforms-012225635--business.html#8tT4uFL

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