Cuba approves economic reforms amid US pressure
Key takeaways
- Cuba's Communist Party has signed off on a package of free market reforms.
- The reform process coincides with increased economic pressure from the US and comes amid regular power outages and other resource shortages on the island.
- The country's president and the first secretary of its only legal political party, Miguel Diaz-Canel, first presented the plans late last week.
Why this matters: an international story with cross-border implications worth tracking.
Cuba's Communist Party has signed off on a package of free market reforms. One member called the changes a response to "economic war," while the party said they were not a "deviation" from the socialist project.
https://p.dw.com/p/5Fagl The capital Havana's streets are regularly dark at nights amdi the severe fuel and power shortages (FILE: June 16, 2026)Image: Pablo Miranzo/Nexpher Images/ZUMA/picture alliance Advertisement The Communist Party of Cuba (PCC) on Wednesday approved a package of reforms aimed at opening up more sectors to private investment.
The reform process coincides with increased economic pressure from the US and comes amid regular power outages and other resource shortages on the island.