Cuban leader Miguel Díaz-Canel has announced a package of economic reforms aimed at liberalizing parts of the island’s state-controlled economy. The measures include allowing Cubans living abroad to invest in the country and giving state-owned companies greater access to foreign currency markets.
The reforms, unveiled by the Cuban government this week, are being presented as a strategy to address the country’s deepening economic crisis. However, reactions in South Florida’s Cuban exile community have been far from enthusiastic.
During a nationally televised address, Díaz-Canel described the measures as part of a set of priorities designed to confront what he characterized as the economic hardships resulting from U.S. sanctions and policies implemented during the Trump administration…