Cuba announces major economic reforms

Cuban Prime Minister Manuel Marrero revealed a historic package of economic reforms aimed at strengthening the country's market economy. These include the creation of private companies, licensing for banks, and reducing dependence on the American blockade, as part of efforts to confront Cuba's severe economic crisis. These reforms will be put to a vote in the National Assembly and may involve opening sectors such as tourism, agriculture, and foreign investment to the private sector—marking a significant shift since the 1959 revolution.

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