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AAP
AAP
Business
ANDREA RODRÍGUEZ (Associated Press)

Cuba's Communist Party approves emergency economic plan opening to private enterprise

HAVANA (AP) — Cuba's powerful Communist Party, or PCC, on Thursday approved an emergency economic package featuring unprecedented free-market measures aimed at opening up the struggling island's economy amid heightened pressure from the U.S.

The document, which has not yet been made public, will be submitted Thursday to Cuba's National Assembly. It envisions expanding opportunities for private enterprise, greater autonomy for municipalities and state-owned companies and measures to attract additional foreign investment, including from Cubans abroad.

In recent days, residents in several Havana neighborhoods staged protests, banging pots and pans as power outages spread across the island.

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