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Cuba Implements Economic Reforms

6 countries 🇲🇾 🇩🇪 🇩🇰 🇦🇷 🇪🇨 🇵🇦 Economy & Trade

6 articles from 6 countries

Cuba's Communist Party has approved significant economic reforms, including capitalist measures and market-oriented policies, to attract investment and boost the private sector. These reforms aim to address the country's severe economic crisis amid U.S. pressure, with Raúl Castro fully supporting the initiatives.

🇲🇾 Malaysia/Malay

Cuba approves unprecedented package of market economy measures

- The Communist Party of Cuba has approved an unprecedented package of market-based economic reforms to revitalize the nation's economy. - The plan aims to expand opportunities for private enterprise and attract more foreign investment, including from Cubans living abroad. - The measures are expected to be approved by the National Assembly of People's Power without significant opposition.