According to the Cuban Minister of Economy and Planning, Joaquin Alonso Vazquez: "this decree-law makes foreign currency transactions viable in the country" recalling that "during the reorganization task, dollarization was eliminated from the economy and all transactions began to be conducted in Cuban pesos." teleSUR
00:00According to the Cuban Minister of Economy and Planning, Joaquin Alonso Vázquez, he said that this decree law makes foreign currency transactions viable in the country,
00:09recalling that during the reorganization task, dollarization was eliminated from the economy and all transactions began to be conducted in Cuban pesos.
00:18In this context, the minister assured that the law is based on the experience of the last 10 years of economic activity,
00:25stressing that with its implementation, the nation is not building capitalism with the partial dollarization of the economy,
00:33but building socialism within the country's own characteristics.
00:38In this regard, the president of the Central Bank of Cuba, Juan Lilia Delgado, also stated that with these actions,
00:46a temporary deadline has been set since the country has not given up on the goal of restoring a monetary environment
00:53in which the Cuban peso is the center of the monetary and financial system.
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