Tag: Cuban Economy

“What we’re saying is that in a period of almost two years we have lost more than 3 billion dollars. ...

This was reported this Thursday by Minister of Economy and Planning Alejandro Gil, who, however, acknowledged that it would be ...

Interview with prominent Cuban economist Carmelo Mesa Lago.

It will allow access through a mobile application to the Cuban business network, and will allow business owners “to update ...

There are good norms and regulations that get old because “circumstances changed” and they remained unchanged.

Welfare cannot be the only solution against inequality: it is necessary to redistribute resources from other sources or, better still, ...

The measure gives the green light to the creation of new economic actors, who can now proceed to establish legal ...

The new Constitution regulates the state enterprise, not the public enterprise. The problem is bigger when the Cuban system presents ...

The new regulations on MSMEs maintain the prohibition of undertaking businesses in some 112 activities for the private and cooperative ...

“We have survived these difficult times thanks to friends who have helped us by bringing the products; it is very ...

We are able to combat the exodus of qualified personnel by providing opportunities that don’t cost much. Are we taking ...

New legislation, lights and shadows.

How to solve and eliminate the structural problems that limit the Cuban economy’s development?

Summary of the measures announced by the Cuban government to boost production and consumption in the country.

By virtue of resolution 180/2021 of the MINCEX, the representative office of Fuego Enterprises Inc., owned by Cuban-American businessman Hugo ...

Cubans will be able to buy on credit goods whose prices exceed 2,500 pesos, such as furniture, mattresses, bicycles and ...

Analysis of the Cuban Emeritus Professor of Economy on the recent measure.

Minister Alejandro Gil Fernández explained that the conditions are currently being created for the design of legal norms, which still ...

Designed by the Cuban Credit and Commerce Bank (BANDEC), this product is initially aimed at international travelers not residing on ...

Having foreign currency is a growing need for the national economy, among other things because the weakness of its productive ...

“There are several options that the State knows can be put in place in the shortest possible time.”

The measure, announced on the Mesa Redonda television program, applies to both foreigners and Cuban residents abroad.

On the measure announced this Friday by the Cuban government to temporarily suspend the acceptance of USD in cash in ...

When announcing the decision, the Central Bank of Cuba (BCC) affirmed that it is made “in view of the obstacles ...

The measure took effect this May 20.