Cuban leader Miguel Díaz-Canel expressed confidence on Friday in overcoming the nation's economic challenges during the closing session of the ninth Congress of the National Association of Economists and Accountants of Cuba (ANEC). Although he did not specify the issues facing the country, his optimism about economic recovery was apparent.
"I am increasingly convinced that we will indeed overcome these challenges," Díaz-Canel stated after commending the report on the "process of correcting distortions" and the "revitalization of the economy," which included recommendations discussed during the ANEC sessions. He described the proposals as "interesting" and noted they emerged in a "complex," "difficult," "challenging," and "demanding" context.
Blueprint for Economic Progress
Díaz-Canel emphasized that the document serves as a work guide and a support framework for the government's plan to address economic distortions and rejuvenate the economy. He maintained a triumphalist tone, urging resilience and innovation in confronting these issues, stating, "No one here is defeated, no one here is vanquished."
According to official media, ANEC's resolutions included strengthening scientific research to tackle economic challenges, supporting government policies with grassroots proposals, promoting the development of young talents and their involvement in regional progress, and combating misinformation by fostering economic literacy among the public.
Blame on the U.S. Embargo
Díaz-Canel reiterated his narrative of the Cuban people's "heroic resistance" amid the economic and social crisis gripping the island. He frequently attributes the island's woes to the U.S. embargo, casting it as the primary obstacle while advocating for the socialist model and unity to navigate adversities.
Deputy Foreign Minister Carlos Fernández de Cossío also recently accused the United States of leading a "ruthless economic war" against Cuba. He claimed the embargo obstructs economic development by blocking access to markets, technology, financing, and fuel, while discouraging international tourists and businesses.
Fernández de Cossío criticized analysts and critics for making "superficial or deliberately biased" observations by not centering the embargo in their analyses of Cuba's situation.
Internal Factors Behind the Crisis
However, Cuban economists argue that the crisis also stems from the regime's management errors and ineffective economic policies. Internal factors such as inefficient policies, excessive centralization, lack of structural reforms, political repression, limited economic freedoms, and the state's inability to ensure a decent standard of living have exacerbated the situation on the island.
Understanding Cuba's Economic Struggles
What did Díaz-Canel say about overcoming economic challenges?
Díaz-Canel expressed confidence that Cuba will overcome its economic challenges, highlighting proposals made during the ANEC sessions as a guide for economic revitalization.
How does Díaz-Canel view the U.S. embargo's impact on Cuba?
Díaz-Canel blames the U.S. embargo as the main barrier to Cuba's economic development, asserting it prevents access to crucial resources and deters international engagement.
What internal factors contribute to Cuba's economic crisis?
Cuban economists point to internal issues such as ineffective policies, extreme centralization, and lack of economic freedoms as significant contributors to the crisis.