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Cuban government announces major free-market reforms, but U.S. and exiles left skeptical

National Post (Canada)
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Cuba's National Assembly gave unanimous approval to a landmark package of approximately 175–200 economic measures, representing the nation's most consequential economic restructuring since the 1959 revolution. The reforms expand opportunities for private enterprise, including banking and foreign investment, fundamentally shifting Cuba away from state-controlled socialism. This dramatic policy reversal stems from acute shortages of fuel, food, and medicine alongside U.S. economic sanctions that have intensified the island's crisis.

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The 176 changes directly target overseas Cubans, inviting them to open companies on the island, buy chunks of state enterprises and develop tourist infrastructure, among other opportunities ...

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