Cuban Lawmakers Approve More Than 175 Reforms in Broadest Changes to Cuba’s Economy Since 1959
The vote, backed by former leader Raúl Castro, allows private banks, real estate sales to foreigners, and larger private firms.
TL;DR
- Over 175 economic reforms approved by Cuba's National Assembly.
- Reforms aim to increase private enterprise within a socialist framework.
- The package targets economic inefficiencies and U.S. sanctions.
- Prime Minister Manuel Marrero introduced the measures.
- President Miguel Díaz-Canel discussed upholding socialist organization under external pressure.