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Economics4h 9m ago
Cuban President Miguel Díaz-Canel on Friday announced a package of economic reforms aimed at attracting investment, expanding participation by Cubans living abroad in the economy and decentralizing parts of the country’s administration.
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HAVANA
Who
Cuban President Miguel Díaz-Canel
What
Cuban President Miguel Díaz-Canel on Friday announced a package of economic reforms aimed at attracting investment, expanding participation by Cubans living abroad in the economy and decentralizing parts of the country’s administration.
When
Fri, 12 Jun 2026 18:53:37 GMT · 4h 9m ago
Where
HAVANA ·
Why
The announcement comes amid a severe economic crisis with power outages and shortages, with Díaz-Canel stating the country "simply cannot continue on its current course."
The Frontline Impact
How this affects you
These reforms aim to address Cuba's severe economic crisis by attracting foreign investment and involving Cubans living abroad, potentially changing the country's economic model amidst persistent US sanctions and aid from other nations.
Story chain
3 events in this thread- Currently Reading4h 9m agoCuban President Miguel Díaz-Canel on Friday announced a package of economic reforms aimed at attracting investment, expanding participation by Cubans living abroad in the economy and decentralizing parts of the country’s administration.
- Economics4h 9m agoCuban President Miguel Díaz-Canel announced a package of economic reforms aimed at attracting investment, expanding participation by Cubans living abroad in the economy and decentralizing parts of the country’s administration on Friday.Open article
- Economics4h 9m agoCuban President Miguel Díaz-Canel on Friday announced a package of economic reforms aimed at attracting investment, expanding participation by Cubans living abroad in the economy and decentralizing parts of the country’s administration.Open article