This week, the Cuban government unveiled a fresh set of economic measures that have sparked a strong backlash from the public. Across social media, Cubans have been voicing fierce criticism against the authorities. The most frequent and emphatic message is simple: "Leave."
Direct assaults on state management highlight Miguel Díaz-Canel's administration as "the most cynical on the planet." Some individuals emphasized the government's urgency to secure foreign exchange through quick and effortless means. "They're desperate to earn cash without producing or offering anything," commented one user.
Another concerned voice pointed out the looming rise of the U.S. dollar in Cuba. "The dollar will cost a million pesos, what incapacity. Things can't get worse in this country," they lamented.
Political satire was also evident with phrases like "Capitalism or Death," as one Cuban noted the government's inevitable shift to actions they once claimed they would never take, insisting the world was wrong, not them. "We're lab rats... Speechless," remarked another distressed user, commenting on the nation's economic descent into severe poverty.
Numerous citizens have criticized the government's improvisational approach to managing the economy. "Back to the dollar, just like in the '90s. They have no shame," stated one commenter. "These measures are a drowning man's last gasp," another remarked. "The dollar is sky-high and there's no way to bring it down. Please, leave and let the people live. Every measure pushes us deeper into misery," echoed the sentiment of many.
On December 18, 2024, a new exchange rate regime was announced, with the Central Bank of Cuba setting the currency rates. This move aims to attract foreign currency in a dire economic climate but has drawn criticism from citizens questioning the transparency and fairness of these rules.
That same day, a regulation governing the use of the dollar in domestic transactions was approved, further entrenching the local economy's dependence on the U.S. currency. The imposed restrictions and the rising dollar in the informal market have led to significant public discontent.
An additional burden is the rising cost of internet services, directly affecting those who rely on connectivity to communicate with relatives abroad and access information. Finally, the regime confirmed the removal of subsidies for ration book products, worsening the food crisis facing most Cuban households.
Understanding Cuba's New Economic Policies and Public Reaction
What are the new economic measures introduced by the Cuban government?
The Cuban government has launched measures including a new exchange rate regime set by the Central Bank, regulations on the use of the dollar in domestic transactions, and the elimination of subsidies for ration book products.
How have Cubans reacted to these new policies?
Cubans have reacted with significant criticism, particularly on social media, calling for government officials to step down and expressing concerns over the economic impact of these policies.
Why is there a concern about the rising U.S. dollar in Cuba?
The rising U.S. dollar in Cuba is concerning because it increases the cost of living and exacerbates economic challenges, making essential goods and services even less affordable for the average citizen.