Cuba’s Díaz‑Canel Unveils Economic Reforms to Draw Investment and Engage Diaspora

President Díaz‑Canel has presented a new package of economic reforms. The reforms are designed to attract foreign investment to Cuba’s economy. They also aim to increase participation of Cubans living abroad in development projects. Officials say the measures will modernize key sectors and improve productivity. The plan includes incentives for investors and mechanisms for diaspora involvement. Critics have questioned the reforms’ feasibility and impact on existing policies. The government intends to roll out the reforms over the coming months. International observers will monitor how the changes affect Cuba’s economic outlook.