Cuba unveiled nearly 200 market reforms aiming to tackle its deep economic crisis,exacerbated by U.S. oil blockade. Prime Minister Manuel Marrero,in Thursday address to National Assembly,outlined 176 measures to ease state control and attract foreign investment in banking,tourism,agriculture.
Biggest shakeup since 1959 Revolution led by Fidel Castro. Daniel Torralbas,a Cuban economist in London,called it a turning point for Cuba's economic model. “It’s big shift in how they do things,” he said.
Comes as U.S. pressure increases,with President Donald Trump hinting at control over island,only 145 kilometers (90 miles) from Florida. Measures backed by ruling communist party should pass National Assembly without a hitch — often seen as rubber-stamp for regime.
As Cuba grapples with blockade hardships and internal challenges,these reforms could redefine its economic path…
