As announced by the main Cuban authorities, the process of monetary re-ordering begins this Friday in Cuba, which includes the elimination of the monetary and exchange duality, the reform of salaries and pensions and the elimination of undue gratuitousness and excessive subsidies.
Nearly five million people will benefit from wage reform in Cuba
Nearly five million people will benefit directly from the wage reform in Cuba, informed Marta Elena Feitó Cabrera, Minister of Labor and Social Security.
Nearly 15K Cubans applied for jobs after wage reform announcement
Some 15 thousand people in Cuba have gone to the Labor offices to look for work, after the announcement of the wage reform in the country that will come into force starting January 1st.
Higher water bill is also part of the Ordering Task, Cuban minister says
HAVANA, Cuba, Dec 30 (ACN) The increase of prices in the water bill is also included in the Ordering Task, and it also intends to promote the saving of this vital resource, Meisi Bolaños, minister of finance and prices, pointed out on Tuesday when she addressed this issue at the Cuban TV program Mesa Redonda.
Cuba publishes resolution on marketing of agricultural products to tourism
In line with the process of monetary order in Cuba, the Ordinary Official Gazette number 90 published today Resolution 177, which establishes the rules for the commercialization of agricultural products among the hotel and gastronomic establishments of the tourist sector and the production units.
Cuba announces reduction of new electricity tariffs
In response to the concerns of the population, the Cuban government approved the reduction of the new electricity tariff, to be applied since the beginning of the monetary regulation process in January 2021.
Cuban coffee producer starts its international direct trade operations
After almost a year of adjusting to increase self-sufficiency in foreign trade operations, Asdrubal Lopez Coffee Processing Company, Cuba's largest exporter of coffee, this month completed its first direct commercial operation to the European market.
Monetary order in Cuba will have medium and long-term effects, expert says
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.
Cuba´s International Tourism Fair ratified for May 2021
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.
Havana´s Nacional Hotel to reopen to tourism on December 30
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.
Cuba and Australia sign contract for mining project feasibility study
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.
Payment of salary advances begins in Cuba
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.
Italian airline to start air operations Warsaw-Santa Clara
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.
Cuba: Foreign investment will perform in a more transparent economic environment
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.
Cuba de Aviación airline restarts its operations in Argentina
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.