Cuba: Wage Limits Removed

NY Times

Cuba is revamping the state wage system to create more incentive by allowing workers to earn as much as they can, local media said, the latest sign that President Raúl Castro wants to improve the country’s economic performance.

“For the first time it is clearly and precisely stated that a salary does not have a limit, that the roof of a salary depends on productivity,” said a television economic commentator, Ariel Terrero.

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