Apr 07, 2022
In Sports Forum
In the 2000s, the dollar was eliminated from circulation and business transactions and only the CUP and CUC remained. For several years, the need to move towards monetary and exchange unification has been sustained, and this purpose was reflected in the document Guidelines for the Economic and Social Policy of the Party and the Revolution aimed at Whatsapp Mobile Number List updating the Cuban economic and social model, approved in 2011. Guideline 55 states, for example: “Monetary unification will be advanced, taking into account labor productivity and the effectiveness of distributive and redistributive mechanisms. Due to its complexity, this process will require rigorous preparation and execution, both objectively and subjectively. However, this purpose was suspended in time. But for a few months, the implementation of this process was strongly announced, which, according to Marino Murillo Jorge, head of the Commission for the Implementation and Development of the Guidelines, "includes four very clear elements: resolve the monetary duality, resolve the exchange rate Whatsapp Mobile Number List duality, eliminate subsidies and gratuities as far as possible in the conditions of our economy and make a transformation of the income". Several spaces of the television program Mesa Redonda were dedicated to monetary regulation, trying to transmit timely information to the population about the meaning of this process, its importance and its urgency. Similarly, the national media have published multiple articles on the subject. The fact of making public the intention to undertake the measure in a short period, but not defined, generated multiple uncertainties in the population Whatsapp Mobile Number List and economic agents. For months, Cubans have wondered what to do with their savings, many have rushed to exchange CUCs , the queues at bank branches have not stopped, and many service providers have begun to refuse to accept that currency.