What are some economic challenges that Cuba is facing?

Cuba is grappling with significant economic challenges, including a prolonged economic crisis exacerbated by the COVID-19 pandemic and the U.S. embargo. The country faces severe shortages of basic goods, high inflation, and a dual currency system that complicates trade and investment. Additionally, the state-controlled economy struggles with inefficiencies and a lack of foreign investment, further hindering growth and development. Despite recent reforms aimed at increasing private enterprise, the overall economic situation remains precarious.