Cuba Approves 176 Market Reforms as US Sanctions Squeeze Moribund Economy
Updated
Updated · Bloomberg · Jun 18
Cuba Approves 176 Market Reforms as US Sanctions Squeeze Moribund Economy
3 articles · Updated · Bloomberg · Jun 18
Summary
Cuba’s Communist Party approved 176 market-liberalization measures across 23 core areas, with the National Assembly summoned for a special Thursday session to ratify them.
The package marks a broad push to revive an economy the government says is moribund and under mounting pressure from US sanctions and Donald Trump.
State-run newspaper Granma reported the late-Wednesday approval, signaling the leadership has signed off on one of Cuba’s widest market-oriented reform drives in years.