Financial Times FT.com

Havana eyes easing of retail sector controls

By Marc Frank in Havana

Published: September 1 2009 20:43 | Last updated: September 1 2009 22:52

A woman arranges the loaves of bread displayed in a bakeryReuters
A bakery in the Cuban capital: policymakers believe up to 20 per cent of supplies such as wheat and yeast are stolen

The Cuban government is considering easing its stranglehold on the retail sector in an effort to legalise the underground economy and reduce massive theft. It is President Raul Castro’s second big economic reform after last year’s decentralisation of agriculture and the leasing of idle state land.

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