Apr 07, 2022
The shortages that have been seen in the network of stores in CUC due to the contraction of the country's import capacity, and the fact of having to satisfy basic needs, together with the lack of an official market where to buy dollars, have put strong pressure on the Whatsapp Mobile Number List informal exchange rate of the CUC against the dollar, which is around 2 CUC per US dollar (depending on above all on the region of the country). On December 10, the "zero-day" was officially announced for January 1. The relevant information has been provided in the Mesa Redonda program and in the press, such as the official exchange rate for the dollar, which will be set at 24 CUP, the new minimum wages and pensions, and salary scales. Progress was also made on the growth of the salary fund, the payment of taxes on income ppersonal expenses, the cost of the regulated basket, the products that will maintain subsidies (food for children, diets for pregnant women and people with Whatsapp Mobile Number List chronic illnesses, non-food products such as the "basket" and medicines), the cost of the basic basket of reference ( which includes regulated products and others to be acquired in free-market spaces), the new rates for basic services, etc. Several official gazettes with these contents were published after the news. Despite all the information provided in recent days and the certainty that it is a necessary process for years, several questions and alerts appear in the planning landscape. As can be seen, this is a complex issue that involves multiple transformations and Whatsapp Mobile Number List simultaneous adjustments: in the money and exchange, labor, and goods and services markets. Each of these adjustments will impact the economy and society in a way that is impossible to quantify ex ante in its full magnitude.