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2024

Cuba Tightens Economy with New Controls

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The Cuban government recently introduced a series of economic controls aimed at revitalizing its struggling economy. With the pandemic’s impact, tougher U.S. sanctions, and inefficiencies in the public sector, Cuba has pivoted to a “war-time economy.” This involves stricter price controls and tax enforcement to manage a growing fiscal deficit and rampant inflation. President Diaz-Canel […]