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Cuban President Miguel Diaz-Canel said he would introduce
initiatives to revitalise his country's
. Cuba relies on tourism for much of its foreign
reserves. Global restrictions on travel during the pandemic have severely impacted this
. Another key industry in Cuba is the
of sugar. Bad weather has resulted in poor harvests and reduced
. These events have depleted the government's reserves of foreign currency, which means it has become
for the country to import food and
. Cuba expert O'Neill Diaz said "many entrepreneurs from the private
have spent years striving, working and trying to contribute" to Cuba's economic
-being.