Cuba's Fresh Bid to Lure Investors Amid Economic Woes
Cuba, HavanaWed Nov 26 2025
Advertisement
Advertisement
Cuba is exploring new ways to bring in foreign cash. The government is thinking about making it easier for businesses to set up shop. This includes letting them use dollars, hire their own staff, and even buy property.
Right now, Cuba's economy is in rough shape. Power cuts, health scares, and a struggling currency aren't helping. Plus, many people are leaving the country, making things even harder.
The government says they've already approved 32 new businesses this year. But it's not clear how much money has actually come in.
Back in 2014, Cuba tried something similar. Things were looking up then, with better relations with the U. S. under Obama. But now, with tighter sanctions, it's a different story.
The government is saying they want investments that fit with their plans. But with all the challenges, it's unclear if these new measures will be enough to turn things around.
https://localnews.ai/article/cubas-fresh-bid-to-lure-investors-amid-economic-woes-1b49a999
continue reading...
actions
flag content