Cuba’s National Assembly approves an economic reform package aimed at loosening parts of the country’s economic model and expanding the role of private enterprise. According to reports, the parliament adopts 176 measures designed to make the economy more flexible and to increase private-sector participation. The reforms also seek to create clearer conditions for foreign investment, including steps intended to reduce barriers that can limit external involvement.
The approved package is framed as a broad set of changes rather than a single policy, with the measures meant to affect how businesses operate and how different sectors interact within Cuba’s economy. The reporting emphasizes that the reforms are intended to encourage domestic private activity while also making it easier for foreign investors to engage with opportunities in Cuba.
Both outlets describe the same figure—176 measures—and link the package to expanding private investment and improving access for foreign investors, reflecting a continued push to reshape Cuba’s economic system amid longstanding challenges.
