Cuba’s president pushes for ‘urgent’ changes to island’s economic and business model
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March 2, 2026
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Source: THE ASSOCIATED PRESS
Cuban President Miguel Díaz-Canel said Monday that his government should “immediately” focus on implementing urgent transformations to the island’s economic and social model as oil reserves in the Caribbean country dwindle.
The comments made during a meeting of the Council of Ministers come as Cuba feels the squeeze of a recent oil blockade coupled with a halt in oil shipments from Venezuela after the U.S. attacked the South American country in January.
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