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Cuba Announces Unprecedented Economic Reforms · Global Voices

Summary by CartaCapital
However, there is still no timetable for implementing the measures.

9 Articles

Lean Left

In a system as airtight as the Cuban, the most discreet details function as encrypted codes. Addressing the Central Committee of the Communist Party, President Miguel Díaz-Canel justified the most ambitious package of market reforms that is remembered under the premise that it is time to “change what needs to be changed.” The phrase is not casual. It evokes the speech of the year 2000, when the island still licked the wounds of the Soviet collap…

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However, there is still no timetable for implementing the measures.

Mexico highlights as an important change the economic opening of the island; NGOs denounce the increase in protests due to economic and energy crisis

The US State Department on Friday dismissed as "superficial smoke signals" the economic reforms announced Thursday in Cuba. "These gradual 'economic reforms' are modest, long overdue, and ultimately just superficial smoke signals from the Cuban regime," a State Department spokesperson told AFP. Cuba adopted a sweeping reform program on Thursday aimed at boosting its market economy to counter intense pressure from the United States, including an …

HAVANA – Cuba’s unicameral parliament approved on Thursday 18, in an extraordinary session, an unprecedented package of reforms that aims to liberalize and decentralize the island’s economy, which suffers its worst crisis in decades as a result of previous ineffective economic transformations and increased pressure from the United States. “The [...]

Washington, United States. On Friday, the United States Department of State called the economic reforms announced on Thursday in Cuba "surface smoke signs." "These gradual "economic reforms" are modest, come with great delay and, ultimately, are signs of superficial smoke from the Cuban regime." AFP was told by a spokesman for the State Department. Confirmed details on the economic reforms in Cuba Cuba adopted on Thursday a comprehensive reform …

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CartaCapital broke the news on Thursday, June 18, 2026.
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