Cuba's former president Raul Castro on Wednesday backed sweeping economic reforms proposed by the government to revive the crisis-hit economy amid a longstanding US embargo. The measures would expand private investment, attract capital from Cubans abroad and reduce the state's role, with lawmakers expected to approve key changes this week.
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Raul Castro backs sweeping Cuba reforms to revive struggling economy
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Cuba's former president Raul Castro has backed sweeping economic reforms to revive the country's struggling economy, which has been hit by a longstanding US embargo. The proposed measures aim to expand private investment, attract capital from Cubans abroad, and reduce the state's role in the economy. Lawmakers are expected to approve key changes this week.