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Who Controls Cuba’s Economy? What to Know About GAESA.

Yet GAESA kept building hotels, even as it neglected other parts of the economy. Cuba’s once-famous sugar cane industry — which financed the early days of the Communist revolution — collapsed, as government spending on the sector plummeted. Cuba has had to import sugar in recent years for domestic consumption, and even imports from the United States.

Who Controls Cuba’s Economy? What to Know About GAESA.https://www.nytimes.com/interactive/2026/05/16/world/americas/cuba-military-conglomerate-gaesa-economy-explained.html?unlocked_article_code=1.i1A.g2m4.5rDZqTJN5dGNOpen linkView original on lemmy.dbzer0.com
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Who Controls Cuba’s Economy? What to Know About GAESA. | Spyke