Miami Fort Lauderdale, FL, June 19, 2026 —

Cuba Approves Economic Reforms Amidst Skepticism

Cuba’s National Assembly has greenlit a series of significant economic reforms, incorporating free-market principles in an effort to revitalize the nation’s struggling economy. These measures come at a time when the Cuban government faces mounting internal and external pressures.

Despite the legislative approval, some experts remain doubtful about the reforms’ potential impact. Cuba analyst Andy Gomez, for instance, has voiced skepticism, suggesting the proposed changes may be too late and that the country lacks the essential infrastructure and the confidence of foreign investors needed for successful implementation.

The economic reforms are being introduced in the wake of increased pressure from both the United States and the European Union. Notably, the EU recently passed a resolution advocating for human rights sanctions against Cuba. This resolution specifically cites the Cuban regime’s internal failures as the basis for sanctions, rather than attributing economic difficulties solely to external embargoes.

Story summarized from the original created by Christina Vazquez on www.local10.com, see more information here.