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Economics14h 50m ago

Cuba's prime minister presented lawmakers with measures to privatize parts of the socialist economy, including state-owned businesses, real estate, and the finance sector.

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Cuba

Who
Cuba's prime minister, Communist Party, Raul Castro, lawmakers
What
Cuba's prime minister presented lawmakers with measures to privatize parts of the socialist economy, including state-owned businesses, real estate, and the finance sector.
When
Thu, 18 Jun 2026 19:52:24 GMT · 14h 50m ago
Where
Cuba ·
Why
To counter punishing U.S. sanctions.
The Frontline Impact

How this affects you

The proposed reforms would transform Cuba's socialist economy by opening new sectors to private investment and allowing private banks to operate.

Story chain

6 events in this thread
  1. Economics13h 45m ago
    Cuba’s Communist Party has approved an emergency economic package featuring unprecedented free-market measures.
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  2. Economics14h 21m ago
    Cuba's President Miguel Díaz-Canel admitted the communist model requires 'urgent changes' to overcome a major crisis, citing internal obstacles alongside the US oil blockade.
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  3. Currently Reading14h 50m ago
    Cuba's prime minister presented lawmakers with measures to privatize parts of the socialist economy, including state-owned businesses, real estate, and the finance sector.
  4. Economics14h 50m ago
    Cuba's prime minister presented lawmakers with sweeping measures to privatize a vast swath of its socialist economy.
    Open article
  5. Economics15h 20m ago
    Cuba’s Communist Party approved an emergency economic package featuring unprecedented free-market measures aimed at opening up the economy.
    Open article
  6. Economics20h 42m ago
    Cuba's Prime Minister Manuel Marrero presented 175 economic reform measures to lawmakers, including privatization and market-oriented changes, backed by the Communist Party and Raul Castro.
    Open article

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