Squeezed by sanctions and pandemic, Cuba finally opens up economy
The Cuban economy shrank 11 percent in 2020, and exports declined by 40 percent.
PREMIUM Business
A woman wearing a face mask walks near a poster depicting Cuban late leader Fidel Castro reading “Revolution is changing everything that needs to be changed” in Havana, on January 21, 2021. (AFP)
By NewVision Reporter
Journalists @NewVision
ECONOMY
Cuba is undergoing a paradigm shift: after decades of tight, centralized control, the communist government is opening up the bulk of its economy to the private sector.
While economic