Cuba Enacts Law to Spur Mixed Public-Private Enterprises Amid Economic Strains

Cuba has implemented Decree Law 114, a new legal framework aimed at fostering partnerships between state-owned corporations and non-state enterprises. Effective April 2, 2026, the regulation enables innovative mixed economic models designed to boost production, replace costly imports, create jobs, and drive innovation in a struggling national economy. Prime Minister Manuel Marrero called it a pivotal move to optimize resources and adapt to Cuba’s evolving economic needs. The decree allows the fo