Critiques of Díaz-Canel's speech: Without a market, without foreign currency, and without freedoms, there is no economic way out



Miguel Díaz-CanelPhoto © Presidency Cuba

The recent speech by the ruler Miguel Díaz-Canel regarding the economic situation in Cuba has sparked strong criticism, as it is seen as repetitive, lacking structural solutions, and disconnected from the reality faced by the population.

The president's address, broadcast on February 5, was pre-recorded and responded to pre-agreed questions, which has sparked a strong debate on social media and various reflections from public figures, both on and off the island.

One of the most critical analyses came from Cuban economist , who argued that "the Cuban economic system cannot be perfected or updated" because "the system is the problem."

In his opinion, insisting on combining central planning with market signals is a historic mistake, and “all those who attempted to implement reforms where central planning and the market coexisted have failed.”

De Miranda described the announced currency allocation system as "a new error in economic policy" and advocated for the creation of "a legal and transparent market with a single exchange rate," eliminating the segments that generate corruption and distortions.

He also questioned the supposed business and municipal autonomy proposed by Díaz-Canel, stating that Cuba is experiencing a "progressive, systematic, and widespread impoverishment."

The economist stated that without economic freedoms, civil rights, and real markets, the official discourse will remain rhetorical, while the country’s economic and social crisis deepens.

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CiberCuba Editorial Team

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