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Americas (Cuba) – July 8, 2026

Cuba has approved its most significant market-oriented reforms since the 1959 revolution, expanding private enterprise, opening the door to private banks, and easing restrictions on foreign investment. Why now?
After decades of economic collapse, rolling blackouts, and mass emigration, the regime has finally acknowledged the failures of central planning. But economic reform is not the same as political freedom.

Cuba remains a one-party dictatorship that imprisons political dissidents, bans independent media, and suppresses basic freedoms. Markets may open, but political prisoners remain behind bars.

In a new op-ed published in The Wall Street Journal, HRF’s Chief Advocacy Officer Roberto González examines what these reforms reveal about the failure of Cuba’s economic model, and whether these changes could lay the groundwork for greater freedom. Read it here or in the print edition of @WSJ.

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