Cuba's Communist Party says reforms align with socialism, not a deviation
Translated from Spanish, summarized and contextualized by DistantNews.
At a glance
- Cuba's Communist Party stated that proposed economic and social reforms do not represent a deviation from socialism.
- The reforms aim to improve the Cuban economy by incorporating market mechanisms while maintaining state social responsibility.
- These measures, which will be presented to the legislature, come amid a severe economic crisis exacerbated by U.S. sanctions.
Cuba's Communist Party has asserted that a package of economic and social reforms under consideration does not signify a departure from the nation's socialist project. The party emphasized that these proposals are a natural progression for the current historical period, guided by the principles of Fidel Castro, Raรบl Castro, and current leader Miguel Dรญaz-Canel.
for nothing constitute a deviation from the socialist project
Prime Minister Manuel Marrero Cruz highlighted that the measures are designed to refine the Cuban economy's management system. He stressed that while the reforms acknowledge market mechanisms for efficient resource allocation, they do not mean abandoning the state's social responsibilities. The government also plans to implement effective social protection mechanisms alongside these changes.
Their construction is guided by the ideas of Commander in Chief Fidel Castro Ruz, General of the Army Raรบl Castro Ruz, and by the orientations of the First Secretary of the Central Committee of the Party and President of the Republic of Cuba, Miguel Dรญaz-Canel Bermรบdez
The proposed reforms include introducing "new actors" and "new modalities" in tourism, encouraging foreign investment, particularly from non-resident Cubans, and expanding the role of the private sector. Additionally, they aim to invigorate agriculture, foreign trade, and the real estate market, while granting greater "autonomy" to state enterprises and municipalities.
impact on the perfection of the system of direction of the Cuban economy
These initiatives follow a period of significant economic contraction for Cuba, estimated at 15% between 2020 and 2025. This downturn is attributed to the pandemic, intensified U.S. sanctions, and ineffective domestic economic policies. The reforms are set to be presented to the National Assembly of People's Power for evaluation and likely ratification.
mechanisms effective of social protection
Originally published by ABC Color in Spanish. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.