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Cuba to lay off 1 million 'excess' public sector workers

© Sputnik / Anton DenisovCuban President Raul Castro
Cuban President Raul Castro - Sputnik International
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Cuba will start slashing one million excess jobs in the state sector, Cuban President Raul Castro said on Monday.

Cuba will start slashing one million excess jobs in the public sector, Cuban President Raul Castro said on Monday.

"After months of investigations held under a program to renew the Cuban economic model, the Council of Ministers has adopted a number of measures aimed at reducing the number of surplus workplaces in the state sector," Castro told the country's parliament.

The country's leader said that one million workplaces in Cuba are surplus - some 20% of the country's employable population.

Currently, the vast majority of Cuba's economy is in state hands. Castro's move is aimed at limiting the number of state workers and expanding self-employment.

Castro said he would launch new wage and salary regulations early next year, but did not give specific details.

HAVANA, August 2 (RIA Novosti)

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