Cuba Announces Broad Economic Reforms to Reduce Bureaucracy, Boost Growth
Speaking on state television, Díaz-Canel said the measures were not a response to external pressure from Washington, but rather part of an internal effort to strengthen Cuba’s economic system.
“The country is not standing still. The country is intelligently confronting all of these circumstances. We cannot express everything we do so openly because the enemy is watching every step we take. Our response must be unity and solidarity,” he said.
He added that the reform package will be submitted in the coming weeks to the Political Bureau of the Cuban Communist Party, one of the country’s top decision-making bodies, before being debated in the National Assembly of People’s Power.
The proposed changes include expanding flexibility for agricultural producers, removing the requirement for state companies to act as intermediaries in foreign trade, and lifting restrictions on vehicle imports, in an effort to stimulate economic activity and reduce centralization.
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