Economy & Business - October 2026

CUBA: Further private sector encouragement but implementation lags behind

CENTRAL AMERICA & CARIBBEAN by Abbi Dicker 16 October 2026 Modified: 20 October 2026 275 views

The Cuban government appears to remain committed to its sweeping market-friendly economic reforms, a total of 176 measures first announced in June. These cover increased private sector participation in the economy, together with incentives for foreign investment and the easing of banking, foreign currency and trade rules. On 2 September the authorities published 34 pages worth of new rules and changes to law in Cuba’s official gazette.

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