Raul Castro backs sweeping Cuba reforms to revive struggling economy
Former Cuban president Raul Castro has thrown his support behind significant economic reforms aimed at breathing new life into the nation's struggling economy, which has been hampered by a long-standing US embargo. The proposed changes include expanding private investment opportunities, attracting funds from Cuban expatriates, and diminishing the state's dominance in various sectors. With lawmakers poised to approve these key reforms this week, this move could signal a major shift in Cuba's economic strategy, potentially unlocking new avenues for growth and investment.
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