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In Cuba, women on maternity benefits also received a salary increa
Cuban women enjoying different maternity benefits were also considered in the implementation of the monetary reform currently underway on the island
Cuba adapts its financial system to the monetary reform
Cuba financial system is adapting to the monetary reform, a process that got started on January 1st with the removal from circulation of the Cuban Convertible Peso (CUC)
Monetary reform gets underway in Cuba
On this first day of 2021, the monetary reform implementation got underway in Cuba. The measure constitutes an unavoidable need and an indispensable step to advance the country economic strategy
.jpg "Foreign investment will benefit from monetary reform in Cuba")
Foreign investment will benefit from monetary reform in Cuba
The Ordering Task will favor the Cuban economy and foreign capital companies, a process that today has a strategy for this new scenario, say Foreign Trade authorities
Bank holiday announced for December 30 and 31
The Central Bank of Cuba (BCC) informed that on December 30th and 31st, its branches will be closed due to the necessary processes for the launching of the monetary reform on the island
Cuban economy falls 11% in 2020
Cuba Gross Domestic Product decreased by 11% in 2020 due to the strong contraction of foreign trade, the reduction of international tourism and foreign currency income, due to the effects of the COVID-19 and the reinforcing of Washington blockade on the island
Performance of the economy on the agenda of Cuban deputies
The performance of the economy in 2020 and the definition of the plan objectives for 2021 are in the deputies schedule to the National Assembly of the People Power (ANPP) of Cuba this Thursday
Cuban retirees begin to receive advances on their pensions
One million 700 thousand Cuban retirees start receiving as Thursday an advance on their pensions, which will be increased as part of the monetary reform that will come into effect on January 1
Murillo: There will be no shock therapy in monetary reform in Cuba
The most immediate goal of the Ordering Task is the study and analysis of all the opinions voiced by the population, which are being collected thanks to the early announcement of the measures
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