Cuba rolls out reforms to further open local economy to private sector

These new measures, which still need to be approved by the country's National Assembly, also aim to attract more capital from Cubans living abroad and reduce the size of the state.

Raul Castro backs sweeping Cuba reforms to revive struggling economy

Cuba's former president Raul Castro on Wednesday backed sweeping economic reforms proposed by the government to revive the crisis-hit economy amid a longstanding US embargo. The measures would expand private investment, attract capital from Cubans abroad and reduce the state's role, with lawmakers expected to approve key changes this week.

By FRANCE 24

Castro gives crucial backing to Cuba reforms

Cuba's powerful ex-president Raul Castro on Wednesday threw his weight behind liberal reforms aimed at reviving the collapsing economy in the face of a crippling US blockade. The Cuban government has announced a series of fast-track reforms to open more sectors to private investment, attract more capital from Cubans living abroad and shrink the state. President Miguel Diaz-Canel has presented the measures -- some of which are set to be approved by the National Assembly on Thursday, just a week a

By The Korea Herald