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Economics3h 7m ago

Cuba’s ruling Communist Party convened an extraordinary plenary session Wednesday to debate new economic measures, days after President Miguel Díaz-Canel announced a reform package.

HAVANA, Cuba

Who
Cuba’s Communist Party (PCC), President Miguel Díaz-Canel, National Assembly
What
Cuba’s ruling Communist Party convened an extraordinary plenary session Wednesday to debate new economic measures, days after President Miguel Díaz-Canel announced a reform package.
When
Wed, 17 Jun 2026 16:05:00 GMT · 3h 7m ago
Where
HAVANA, Cuba ·
Why
The economic reform package aims to open up the struggling island's economy, which is grappling with a deepening economic crisis intensified by a U.S. energy blockade.
The Frontline Impact

How this affects you

These measures, including expanding authorizations for private companies and allowing Cubans to invest in tourism, represent a significant shift in Cuba's economic model, potentially alleviating severe shortages and blackouts for its nearly 10 million residents. The proposed changes could lead to greater private sector involvement and direct international trade for private businesses.

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