Cuba Ready to Accept Outside Investment, Top Official Says

Cuba's deputy prime minister has announced that the country is set to allow Cubans abroad to own businesses on the island and invest in infrastructure. The move is expected to be made public on Monday. This change aims to attract outside investment and stimulate economic growth. Cuba has been seeking to diversify its economy and reduce its reliance on state-owned enterprises. The new policy will likely have implications for foreign investors and entrepreneurs who wish to operate in the country. By opening up to private investment, Cuba hopes to modernize its economy and improve living standards for its citizens.