The structural economic crisis that Cuba is experiencing has forced its government to re-dollarize the sale of food and basic necessities, as Fidel Castro did in 1993 and 1994.
In 2004, the Cuban government introduced the use of the CUC and imposed a 10% tax on the dollar, which has now been abolished in the economic package of July 20, 2020, which includes the opening of 72 stores for sales in freely convertible currency (MLC) with magnetic cards as the only means of payment.
The additional quotas of the basic basket are being sold by the authorities at market prices.
