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Economy & Business - October 2026

CUBA: Further private sector encouragement but implementation lags behind

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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