This edition of Cuba Economic Review documents the challenges of implementing Cuba’s reform package as outside pressure on the island intensifies.
In Deep traces the revival of Cuba’s fuel market on the back of U.S. diesel and gasoline shipments: though marginal through the first quarter, they had by June reached a scale that, by daily pace, approaches what Cuba imported before Venezuelan supply collapsed. But a price comparison with Miami exposes a fuel market only a minority of Cubans can afford.
By the Numbers sets the official implementation rate for the 176 economic measures — 62.5%, per Prime Minister Manuel Marrero — against the 9.1% confirmed by the Official Gazette, using the cooking-oil crisis to illustrate the gap between decree and practice.
Quick Takes covers the new decree on private-sector activities, Marrero’s further details on the reform package, the fiscal deficit’s fall to its lowest level since 2020, the bidding war over Sherritt’s mining assets, and China’s growing role in Cuba’s energy transition.
Recommended Readings closes with an essay by Michael J. Bustamante in The New York Times on the standoff between Washington and Havana, and the price ordinary Cubans pay while each government wait for the other to blink.
