The former president of Cuba Raúl Castro (Communist Party of Cuba, left) approved, this Wednesday (June 17, 2026), a package of economic reforms with a hybrid character, combining an unprecedented capitalist economic opening with the strengthening of centralized political and social control to deal with the crisis the country is going through. Read the package (PDF – 18 MB, in Spanish).
Despite not holding an official public position in the government, Fidel Castro’s brother remains an important figure of power on the island. Your approval information was confirmed through a in X’s account of the Presidency.
According to the secretary of the Council of Ministers, José Amado Ricardo Guerra, Castro participated in the meeting via videoconference and complemented the meeting “even with discrepancies, always selling the best ideas”. A photo of Guerra holding the meeting report signed by Castro was also published.
The economic plan, first presented on June 12 by the president of Cuba Miguel Díaz-Canel, is divided into 10 general objectives:
- promote a macroeconomic environment that favors productive activity and increased external income;
- increase and diversify the country’s external income.
- increase national production, with an emphasis on food.
- transform, modernize and develop the Cuban business system, strengthening the role of the socialist state company, with an emphasis on integration between all economic agents;
- advance in improving strategic management for territorial development;
- advance in improving the management of Government, Defense and National Security;
- consolidate and develop social policies, ensuring the protection of individuals, families, households and communities in vulnerable situations;
- advance in the implementation of general guidelines aimed at preventing and reducing crime, corruption, illegal activities and social indiscipline;
- advance in the recovery of the National Electric Energy System, promoting energy sovereignty;
- manage science and innovation, natural resources, media and digital transformation to promote sustainable development.
CRISIS IN CUBA
Cuba is currently facing its worst economic, energy and social crisis in decades. The country lives under a almost total of the electrical system due to severe fuel shortages and the scrapping of its thermoelectric plants, resulting in chronic blackouts that paralyze essential services such as water supply and hospital care.
This situation is aggravated by of the United States, which have been by the government of President Donald Trump (Republican Party). Faced with the risk of a total collapse, the regime led by Díaz-Canel and Castro approved emergency reforms to accelerate opening to the private sector, making state control more flexible.