Entries Published On July, 2020
Cuba in the Last Stretch of the Pandemic
HAVANA, July 17th (by Fernando Ravsberg) Cuba, is only a few days away from ending its coronavirus quarantine. Except for Havana, all the other provinces are free of the contagion and have begun moving toward new normality. The capital will have to wait a couple of weeks more because it still averages between one and …
Cuba to allow private sector to import and export
Help us keep OnCuba alive Minister of Economy and Planning Alejandro Gil Fernández assured in his appearance in the Mesa Redonda television program that the changes approved this Thursday during an extraordinary session of the Council of Ministers, known as “economic-social strategy to boost the economy and deal with the world crisis caused by COVID-19,” …
Cuban government eliminates tax on dollar and opens more stores in foreign currencies
Help us keep OnCuba alive The Cuban government announced this Thursday that it will abolish the tax on the U.S. dollar, which had been the complaint of many Cubans, both those who send remittances and those who receive them, especially from the United States. The suppression of this tax, in force for 15 years, is …
Cuba eliminates 10% tax on dollar
HAVANA , July 17th (Reuters) Cuba said on Thursday it will allow some stores to sell food, personal hygiene and other consumer goods in U.S. dollars and will eliminate a 10% tax on the greenback, an effort to rake in more hard currency to purchase goods abroad. It is one of a list of reforms …