Cuba's Communist Party approves economic reforms

Cuba's Communist Party Central Committee has given its approval to economic reforms proposed by President Miguel Díaz-Canel, signaling a significant shift in the island's economic policy. The party's key body met in an extraordinary session to evaluate a package of measures designed to liberalize and decentralize the Cuban economy, which is grappling with a severe crisis stemming from both internal and external factors.

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as an expression of the logic of development in the historical period

The party emphasized that these proposals emerge from the "logic of development in the historical period" and "in no case constitute a deviation from the socialist project." This assurance aims to reassure those concerned about a departure from Cuba's established political and economic system. The endorsement from the Central Committee is a crucial step before the reforms are presented to the National Assembly of People's Power for ratification.

Former President Raúl Castro, a key political figure, expressed his "full agreement" with the reforms, stating that "the best ideas always emerge from collective analysis and even disagreements." He also called for public participation and urged leaders to remain grounded, "taking into account the opinions and concerns of the population."

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in no case constitute a deviation from the socialist project

The proposed changes, first outlined by Díaz-Canel last Friday, encompass various sectors. They include introducing "new actors" and "new modalities" in tourism, promoting foreign investment (especially from non-resident Cubans), and expanding the role of the private sector. Additionally, the reforms aim to invigorate agriculture, foreign trade, and the real estate sector, while decentralizing decision-making and granting greater "autonomy" to state enterprises and municipalities.

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is in full agreement with the economic reforms proposed by Diaz-Canel and is convinced that the best ideas always emerge from collective analysis and even disagreements

These economic adjustments are intended to address the island's deep structural crisis, marked by a significant contraction over the past six years. They may also serve to alleviate pressure from the United States, which has demanded substantial political and economic reforms from Havana. The reforms are scheduled for a vote in the National Assembly this Thursday, which typically ratifies proposals unanimously.

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act with your feet and ears stuck to the ground, taking into full account the opinions and concerns of the population