Castro recognized the inefficiency of Cuban economic model

Fidel Castro pointed out the inefficiency of Cuban economic model. This recognition of the leader of the Cuban Revolution has made during a meeting with a correspondent of the American magazine Atlantic. As ITAR-TASS, the meeting was held in the Cuban capital in late August, an interview published Wednesday in the latest issue of the journal.

"The Cuban model is no longer valid, even for us" - said 84-year-old politician, when asked about the possibility of exporting Cuban economic model. According to the journalist, these words are so "shocked" him, that he was forced to ask for explanations of the interpreter who was present at the meeting. She explained that Castro "has denied the ideas of the Cuban revolution" and meant that the state in the "Cuban model" is "extremely important role in the economic life of the country.

According to the magazine, Castro's statement may be a signal to his younger brother Raul, now occupying the post of head of the State Council and Chairman of the Council of Ministers of Cuba. The latter announced in early August, the launch of economic reforms in the country. Speaking at the plenary session of the People's National Assembly (Parliament) of the Caribbean countries, Raul Castro said that Cuba will be a large-scale phased reduction of overstaffing of public companies, and will be expanded opportunities for private entrepreneurship. The State is currently in Cuba, controls more than 90% of the economy.