A new Cuban law on land usufruct came into force on Sunday with the purpose of boosting the island country's food production. Under the Decree-Law 300 and its accompanying regulations, designed to expand the delivery of state-owned idle land, beneficiaries are allowed to build housing and other production-related properties. Also, the legislation increases the limit of land given to each beneficiary from 40 to 67 hectares, while including forestry and fruit production in the allowed activities. In addition, food producers are expected to enjoy tax reductions or exemptions after a new tax law comes into effect in January. Cuba has an agricultural area of some 6.6 million hectares, and the idle land was estimated at 1.8 million hectares four years ago, when the government began its delivery in usufruct. According to the National Land Control Center, the island now still has 975,000 hectares of idle areas to deliver in usufruct, and 65 percent of them are infested with marabou, a thorny shrub very difficult to eradicate. The Cuban government considers food production as a strategic issue. The country spends 2 billion U.S. dollars a year to import 80 percent of the food needed to meet domestic needs.
GMT 17:19 2018 Thursday ,11 January
China factory gate inflation slows to 13-month lowGMT 17:50 2018 Wednesday ,10 January
German industrial output rebounds in NovemberGMT 17:39 2018 Wednesday ,10 January
Samsung tips record Q4 operating profit of more than $14 bnGMT 17:29 2018 Tuesday ,09 January
German industrial orders dip in NovemberGMT 15:36 2018 Thursday ,04 January
China factory activity accelerated in December: CaixinGMT 13:33 2018 Wednesday ,03 January
Turkey inflation rate eases but still stubbornly high in DecemberGMT 16:27 2018 Monday ,01 January
China manufacturing activity slows in DecemberGMT 17:36 2017 Sunday ,31 December
Spain to leave EU's deficit 'sin bin' next year: Rajoy
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor