The National People’s Power Assembly (Parliament) unanimously approved the extensive program of economic reforms, which introduces unprecedented transformations to the island’s socialist model.
The measure called Transformations in Municipal Autonomy seeks to decentralize powers at that level, including strategic planning, territorial and urban planning, food and nutritional sovereignty and security, community services, and the promotion of local economic development.
The diversification and strengthening of the productive sector are taken into account to achieve this, considering the participation of different economic stakeholders, whether Cuban residents in the country or abroad.
The measures include the approval of direct investments in accordance with territorial development strategies and the management of projects boosted by Cubans living abroad.
The package of measures comes amid the acute crisis caused by the tightening of the economic war waged for almost seven decades by the United States Government against the Cuban population.
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