Cuban economy

Access the most in-depth analyses of the Cuban economy with CiberCuba. From economic reforms to the challenges and opportunities of the local economy, we cover all aspects that impact Cuba's financial landscape.

Cuban government reveals budget for 2026: How much is it in USD according to the "floating" rate?

The Hydra of Distortions: The regime "has decided to plan more distortions," according to a Cuban economist

Impossible Christmas! This is how prices for rice, chicken, and pork are in Cuban markets

Cuban professor doubts the Central Bank's floating rate due to lack of real data

La Crema releases a new song about the "floating rate."

Cuban government implements a "decentralized" salary system for state enterprises: What does it mean?

The government is concealing an agricultural crisis worse than that of the Special Period with propaganda, warns Cuban economist

Ulises Toirac criticizes the economic hurdles that make basic products more expensive: Salt costs as if it came from the Himalayas

Cuban lawmaker defends small and medium-sized enterprises and dreams of returning to the productivity levels of before the revolution

Cuban regime establishes world record for currency devaluation in 2025

Fear, control, and manipulation: The tools of the Cuban regime to impose the official exchange rate

The floating rate of the Cuban government remains unchanged on its second day

Luis Alberto García highlights the misery behind the new rate: "My mother's pension doesn't even cover a carton of eggs."

The best memes about the floating rate in Cuba: humor in times of economic crisis

Can the "exchange rate transformation" save the Cuban regime's economy?

Cuban regime projects a 1% GDP growth for 2026, triggering a wave of mockery

Blow to entrepreneurship: The Cuban government closes dozens of micro, small, and medium enterprises

Three Rates and a Lie: Another Twist on Economic Control in Cuba

First reaction from El Toque after the Government's announcement of the "floating" rate

"Who finally works for the CIA?": Ulises Toirac mocks the new Government tax

The new exchange rate policy of the regime explained plainly… and why only GAESA benefits

"Each measure is more poverty for the worker": Cubans react to the new floating rate

This is the new official rate at CADECA: See the differences with El Toque

Cuban economist denounces that the new official rate is designed to benefit GAESA

Central Bank of Cuba announces new floating exchange rate for currencies: How will it work?

The Cuban regime announces a special appearance following the controversy over the partial dollarization of the economy

Cuba and Haiti, the only two countries in Latin America with a GDP decline this year

The extractive economy of exile: How the Cuban regime profits from the money of those who flee communism

What Díaz-Canel said: Promises of efficiency in a paralyzed country lacking freedom

With the "ordering," Cuba experienced the worst of neoliberalism but never received its benefits

Ulises Toirac sarcastically comments on the dollarization and monetary chaos in Cuba and proposes the "pesolar."

The foreigner pays for the beer, hands over the dollar, and the profit is for the people: The new economic logic of the Cuban minister

Decree-Law 113 consolidates Alejandro Gil's monetary policy and legalizes partial dollarization in Cuba

Economy Minister on Decree-Law 113 in Cuba: “We do not want to access foreign currency at any cost.”

After the PCC plenary cut, the National Assembly is now also shortening its session to just one day and holding it via videoconference

elTOQUE explains why the price of the freely convertible currency in Cuba has skyrocketed

The Cuban government announces a new system for the management, control, and allocation of foreign currency

Surviving in Cuba costs 50,000 pesos a month, warns economist

Who is governing today in Cuba?

It costs more than a whole salary! Look at what this Cuban paid for his first pair of expensive shoes in Cuba

Total instability: The Felton goes offline from the SEN hours after synchronizing

"They have destroyed Cuba": Filmmaker depicts the country ravaged by the regime

Cuban regime promises to "regain control of the dollar" without currencies or confidence

María Victoria Gil clarifies how Díaz-Canel testified in the trial against Alejandro Gil: "He was not in the courtroom."

Three ideas about the Cuban economic collapse

"Do it fast, fail fast": The powerful message from the young Cuban who built a business with what he had in his backyard

The Cuban regime fears that Maduro's downfall will hasten its own economic crisis

Informal market rates under the regime's microscope: El Toque reveals the poverty and inequality of "dollarized Cuba."

100% of state workers live in extreme poverty in Cuba

Cubana shows her purchase of 23,790 pesos, and users react indignantly: “It’s not enough for anything.”

The rate of elToque may not be perfect, but where is the alternative?

New Cuban video game revives the Jurassic period: Is it inspired by current events?

OCDH responds to UN rapporteur: "The misery of Cuba is the fault of communism, not foreign sanctions."

Economist questions the new openness to foreign investment: “It doesn’t address Cuba’s structural risks.”

The Cuban government will allow foreign companies to operate directly in foreign currency

Cuba's customs detects over 26,000 counterfeit stamps of Cuban tobacco sent from the U.S.

The Cuban government will allow foreign companies to import their own fuel

The regime blames El Toque and currency exchangers, but the informal market exists because the government cannot provide a better one

The regime relaxes foreign investment regulations and is now looking to Cubans abroad to obtain foreign currency

Díaz-Canel calls for "creativity and courage" to sustain the Cuban economy