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The Cuban government rolled out a new set of economic measures this week, which have sparked a strong reaction among the population.
Cubans are posting strong messages against the authorities on social media. The most repeated comment is clear and forceful: "Leave."
There are direct criticisms of the state management, describing Miguel Díaz-Canel's government as "the most cynical in the universe."
Some people also highlighted the State's desperation to obtain foreign currency through quick and minimal effort. "They are desperate to earn money without producing or offering anything," said a user.
Another person warned about the imminent rise of the US dollar in Cuba. "The dollar will cost a million pesos; what incompetence. It can't get any worse in this country."
Political humor was also captured in the phrase "Capitalism or Death" and in the conviction of a Cuban who stated that in this government: "They are going to do what they said they would never do because supposedly the world was wrong and they were not."
"We are lab rats... Without words," said an internet user distressed by the direction the country's economy is taking towards extreme poverty.
"The government has managed the economy through improvisation. Now we're heading back to the dollar, like in the '90s." "They have no shame." "These measures are the desperate thrashing of a drowning man." "The dollar is through the roof and there's no way to bring it down." "Please, just go away and let the people live. Each measure sinks us deeper into misery," are some of the comments.
On December 18, 2024, a new exchange rate regime was announced, under which currency rates will be determined by the Central Bank of Cuba.
This aims to attract foreign currency in a critical economic context, but it has drawn criticism from citizens who question the transparency and fairness of these regulations.
On that same day, a document was approved regulating the use of the dollar in domestic transactions, which strengthens the dependence on the U.S. currency in the local economy.
The imposed restrictions and the rise of the dollar in the informal market have led to significant discontent among the population.
Additionally, there has been an increase in internet service prices. This measure directly impacts a segment of the population that relies on connectivity to communicate with family abroad and access information.
Finally, the regime also confirmed the removal of subsidies for products included in the ration book, worsening the food crisis faced by most Cuban households.
Frequently Asked Questions about the New Economic Measures in Cuba
What is the reaction of Cubans to the government's new economic measures?
The reaction from Cubans has been one of strong rejection, primarily expressed on social media where the message "Go away" directed at the government has gained popularity. The measures have been criticized for increasing dependence on the dollar and negatively impacting the local economy.
What changes has the Cuban government implemented in the exchange rate system?
The Cuban government has approved a new exchange rate regime that grants greater flexibility to the foreign currency market, allowing the exchange rate to fluctuate based on supply and demand. This aims to attract more foreign currency and regulate the informal market, although it has raised skepticism among the population.
How do the new measures affect internet access in Cuba?
The new measures increase internet fees and promote the consumption of packages in foreign currency. This aims to attract more foreign currency, but it has been criticized for creating an "economic apartheid" by limiting access for those who only have income in national currency.
What impact does the removal of subsidies have on the supply booklet?
The elimination of subsidies in the supply booklet exacerbates the food crisis in Cuba, impacting the majority of households that rely on it. This measure has led to significant discontent among the population, which is facing increasing difficulties in meeting its basic needs.
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