Updated

Updated · Bloomberg · Jun 16

Cuba's Communist Party Weighs Economic Overhaul on June 18 as Trump Pressure Mounts

Updated

Updated · Bloomberg · Jun 16

Cuba's Communist Party Weighs Economic Overhaul on June 18 as Trump Pressure Mounts

1 articles · Updated · Bloomberg · Jun 16

Wednesday’s central committee meeting will evaluate proposals for “transformation,” President Miguel Díaz-Canel said, putting Cuba’s top Communist leadership on the verge of reviewing a broad economic overhaul.
The plans aim to attract more foreign investment, reduce the state’s role in the economy and prevent a deeper collapse as pressure from Donald Trump intensifies.
The discussion points to a Chinese-style shift inside Cuba’s one-party system, testing whether the government is ready to loosen long-standing state control to stabilize the economy.

Sources

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Can Cuba truly reform its economy while a military conglomerate controls most of it?

Is US pressure pushing Cuba towards China's economic model instead of democracy?

As Cuba shrinks its state sector, what will happen to the millions of displaced workers?

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