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The Cuban regime announced that Juana Lilia Delgado Portal, president of the Central Bank of Cuba (BCC), will make a special appearance tonight following the Prime Time broadcast of the National News of Cuban Television, which analysts anticipate will be an attempt to justify the controversial partial dollarization of the economic system that came into effect this Wednesday.
The appearance will be broadcast on the channels Cubavisión, Cubavisión Internacional, and Caribe, as well as on Radio Rebelde and Radio Habana Cuba, reported the official portal .
It occurs just six days after the publication of the Decree-Law 113/2025, through which the government of Miguel Díaz-Canel legalizes, for the first time in over two decades, the internal use of the dollar and other foreign currencies within the national territory.
The new system, presented as a “mechanism for managing and controlling currencies”, breaks with the model of the Monetary Ordering of 2021, which had established the Cuban peso (CUP) as the sole currency valid for all internal operations.
The Central Bank and the Ministry of Economy and Planning (MEP) will now have the authority to authorize transactions, payments, and bank accounts in dollars and euros, for both state-owned enterprises and non-state actors: SMEs, cooperatives, self-employed workers, artists, producers, and individuals with accounts abroad, the regime announced.
Although the government claims that the measure is "temporary," economists warn that it represents a "structural reconfiguration" of the monetary system, with the creation of a dual scheme and a centralized control of the currency through the new mechanism "ACAD (Currency Access Capacity Allocation)."
"This decree-law facilitates currency transactions in our country," declared Minister Joaquín Alonso Vázquez.
"We are not building capitalism with partial dollarization, but rather a socialism with the characteristics of our country," he stated.
The ACAD will allow companies and authorized individuals to purchase foreign currency directly from the State using Cuban pesos, as long as there are available funds.
This system replaces the old liquidity accounts (CL) and converts access to the dollar into an administrative decision under ministerial control.
Moreover, private entities will be allowed to retain only up to 80% of their income in foreign currency; the remainder must be mandatorily submitted to the State, which will convert it to pesos at the official exchange rate of 1 USD = 120 CUP.
In practice, the government secures a portion of all foreign currency circulating in the economy, reinforcing its control over the flow of hard currency even within the private sector.
The Decree-Law also "authorizes payments in foreign currency within the country," especially in the Mariel Special Development Zone (ZEDM) and in retail and wholesale operations in MLC (Freely Convertible Currency).
The measure institutionalizes what until now was a tolerated practice, consolidating a "legalized dual economy."
Tonight's appearance is generating anticipation among economists and citizens, who are demanding explanations about the real impact of the measure on prices, wages, and the value of the Cuban peso.
On social media, Cubans have expressed concern about a "greater social inequality" between those who have access to foreign currency and those who depend solely on the CUP, which continues to devalue in the informal market.
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