The State Budget maintains and reaffirms its profoundly social and humanist character. Guaranteeing universal and free access to essential services. Such as education, public health, social security, and social assistance.
Also this was stated on Monday by the Minister of Finance and Prices, Vladimir Regueiro Ale. During his appearance on the Mesa Redonda program on the CubaVision channel.
Regueiro explained on the television program the actions the Caribbean nation is taking to address the current situation. Especially regarding budget control, revenue management, worker participation in decision-making. And the necessary control of retail and wholesale prices, among other issues.
Also the minister emphasized that the budget constitutes a concrete expression of the social achievements of the Revolution and direct support for the rights of the island’s population.
He pointed out that the budget supports the enjoyment of fundamental rights. Guaranteeing universal and free access to education and healthcare. As well as social security protection and social assistance for the most vulnerable sectors.
He specified that budgetary support is provided for the special needs of certain population groups and for cultural and sports development programs. Areas the country will not abandon despite the current economic conditions.
The minister added that maintaining the vitality of the social sector requires a continuous review of spending efficiency, savings, and the postponement of expenditures that are not essential at present.
He also highlighted the role of the agricultural development fund. Which producers can access to increase food production. Strengthen local productive autonomy, and advance food self-sufficiency in each region. He also highlighted the budget’s commitment to the partial increase in pensions, which will exceed 20 billion pesos in 2026, resources allocated in the State budget.
Regarding budgetary support for production, Regueiro reaffirmed the continuation of tax benefits and tax waivers. Aimed at stimulating productive activities. Including support for the import of raw materials, supplies, and goods that promote production chains.
He referred to the support given by local governments to renewable energy projects. With participation from the non-state sector and tax benefits that include tax exemptions until the investment is recovered. Contributing to energy independence and the sustainability of services.
Such as health, education, and social care in nursing homes and assisted living facilities. He explained that this year’s budget allocation supports President Miguel Díaz-Canel’s announced decision to prioritize the use of renewable energy in social services. Combining direct resource allocations with tax incentives.
The minister reiterated that, despite economic constraints and their impact on the national economy, the state budget supports key actions to protect and maintain the essence of the Cuban social project.
With information from Prensa Latina
- Minister of Finance and Prices reaffirms the social nature of the State Budget - 10 de February de 2026
- Cuba Ready for Dialogue, Says Foreign Minister Bruno Rodríguez - 10 de February de 2026
- “Law or practice? Resistance to electronic payments and banking limits - 10 de February de 2026