The new monetary order in Cuba will have medium and long-term effects, but in the short term, the positive impacts on productive activity will be minimal, academics warned.

Ivis Fernandez, delegate of the Ministry of Tourism (MINTUR) in the Cuban province of Matanzas, ratified the celebration of the International Tourism Fair (FITCuba) in May 2021, an event that is undergoing intensive preparation.

After being closed for several months due to the Covid-19 pandemic, the Nacional de Cuba Hotel will reopen for tourism next December 30, day on which it will celebrate its 90th anniversary.

The Cuban company Commercial Caribbean Nickel S.A. and the Australian Caribe Metals Corporation Pty Limited (CMC) signed an International Economic Association contract to study the feasibility of the Cajálbana mining project, located in the municipality of La Palma, in Pinar del Río province.

Due to the beginning of the monetary order in Cuba next January 1, the payment of the advance on wages to the workers begins this Wednesday.

The Italian airline Luke Air, licensed by Blue Panorama and operated by the tour operator Itaka, will open Tuesday its first flight from Warsaw to the city of Santa Clara, in the center of Cuba.

Carlos Luis Jorge Méndez, general director of Foreign Investment of Cuba, said that a group of decisions have been taken that favor this activity in Cuba, and will be attractive because the investor will be able to perform in a more transparent economic environment, in which distortions are eliminated.

Cubana de Aviacion airline resumed operations in Argentina this Monday with a non-stop flight to Havana that departed from Ezeiza Airport in the capital city of Buenos Aires.

With the arrival today of the inaugural flight of the Hola Sun tour operator with the OWG airline and some 150 travelers from Toronto and Montreal, in Canada, to the Abel Santamaria International Airport, the arrival of foreign tourism to the Cayo Santa María pole is resumed.

A new company with foreign capital will produce more electricity in Cuba from renewable sources, representatives of an official organization said.

At the end of 2020, Cuba will have 29 foreign investment projects under way for an amount of 2.4 billion dollars, the Ministry of Economy and Planning tweeted.

Cuba has spent 100 million dollars this year to fight the Covid-19 pandemic, Deputy Prime Minister Alejandro Gil said.

Cuban Prime Minister Manuel Marrero said that Cuba's monetary overhaul does not seek to harm the private sector.

HAVANA, Cuba, Dec 17 (ACN) Alejandro Gil Fernández, deputy prime minister of Cuba, stated that, based on the conditions created by the monetary order, the country must prepare itself for a higher demand for employment than in recent years.