Díaz-Canel calls for banking services to be introduced in agricultural markets: "We need to attract money"

The Cuban ruler Miguel Diaz-Canel once again offered another of his "exquisite formulas" to try to get out of the financial crisis that he and his government have created, and that has Cubans suffering the most serious consequences.

This time, from the municipality of Unión de Reyes in Matanzas, the president said, "The first thing to be banked are all the agricultural markets, state and non-state, all sales points, and all private businesses that sell food, because that is where we will be capturing, at a minimum, 70% of the money that leaves the bank every month."

An idea advocated by the government in various ways and with different voices, but that fails to materialize due to the resistance that some sectors oppose to the measure, because of the lack of cash availability, which prevents them from being able to use the money that comes to them electronically.

Access to cash in Cuba has become an odyssey and a headache for the inhabitants of the island, an issue that the government has been unable to reverse for several months.

In a recent YouTube program in which the president acts as host, he invited Juana Lilia Delgado Portal, president of the Central Bank of Cuba (BCC), who stated that there is more money in the country than ever, although it does not reach the majority of the population's hands.

"It's not that there is no money in the economy, there is more money than ever, but the flow of that money has been reversed. There is more money leaving the banking system than coming back; this disrupts the entire cash movement cycle and makes it difficult to meet cash demands," he admitted.

Another characteristic is that the cash that leaves the banking system is concentrated in few hands, and that is one of the reasons why we say that action must be taken for that cash to return to the banking system through the appropriate channels," he added.

In this same space, Díaz-Canel took the opportunity to blame the country's private sector for the lack of cash in ATMs.

This has to do with the control that state entities have to carry out to eliminate this distortion. We need to be more demanding with those who do not fully participate in the banking process. The population is telling us what needs to be done and where the dissatisfactions are.

At the beginning of the year, when a package of economic measures was implemented, with which the people have shown their dissatisfaction, the ruler stated that these were "the definitive path to prosperity."

"With these measures, little by little, we are going to reorganize the economy. With these measures, little by little, we are going to move towards a better situation, and we are going to open the definitive path to the prosperity and development that this heroic people deserve," said the ruler.

Months later, the situation has not improved and it has been a reverse process, in which the population is increasingly impoverished, and then Díaz-Canel travels from province to province repeating an empty speech, which in practice has not yielded tangible results.