Cuba tightens private sector control amid severe economic crisis and critical shortages.

Cuba's government has enacted new regulations to tighten control over the private sector in response to a severe economic crisis, which has led to critical shortages of food, fuel, and medicine. The changes, including the elimination of startup incentives and increased taxation, aim to correct economic distortions but may impede recovery. While officials assert these measures will benefit the population, experts warn they could further harm the struggling economy.

September 18, 2024
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