The Granma newspaper, for example, addressed the issue this Wednesday, explaining the measures to streamline and boost foreign investment, as the Cuban government reaffirms its commitment to this sector as a fundamental component of economic and social development.

It emphasizes that the Cuban government presented a series of decisions aimed at creating a more dynamic business environment for foreign investment, as part of a program to correct distortions and revitalize the economy.

The measures, which will be formalized in new regulations soon, include greater monetary flexibility, simplified procedures, faster processing times, and new operating models, with the goal of increasing domestic production and foreign exchange earnings.

At the 8th Investment Forum, held during the Fair, Deputy Prime Minister and Minister of Foreign Trade and Foreign Investment, Oscar Perez-Oliva, outlined details of the government’s macroeconomic stabilization program.

In this regard, Cuban authorities reaffirmed their commitment to foreign investment as a fundamental component.

The stated objective is for all forms of economic management—state, foreign investment, and non-state actors—to function harmoniously and be aligned with national development goals. abo/arm/mem/rfc