Cuban Regime Expands Privatization to Banking and Other Sectors Under US Pressure

Under pressure from the United States, the Cuban government is increasing privatization efforts, extending them to the banking sector and other key areas. Prime Minister Manuel Marrero presented a program of market-oriented reforms to the Parliament. These measures signal a significant shift in Cuba's economic policy, moving away from state control. The privatization aims to stimulate economic growth and attract foreign investment. The reforms are seen as a response to ongoing economic challenges and international pressure. This development could reshape Cuba's economic landscape. The extent and impact of these reforms will be closely watched.

Cuba's expansion of privatization, influenced by US pressure, signals a potential shift in its economic model and could have significant implications for its relationship with the US and its internal economy.