# Is Cuba Finally Ready for Capitalism?

https://mins.news/en/video/23522

- Bloomberg Television, 2026-08-16 14:00 UTC
- Economy
- Original: https://www.youtube.com/watch?v=AWMrdf_ToJk

> Cuba’s economy is under severe strain from tighter US sanctions, declining tourism and the loss of former economic lifelines from the Soviet Union and Venezuela. Lawmakers have approved 176 free-market reforms to expand foreign and private investment, decentralize the economy and liberalize tourism, banking, property and agriculture. But economists and Cuban-American investors say Havana has a credibility problem because the government has promised reform before.

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