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Cuban Economy

Explore the challenges and dynamics of the Cuban economy, including currency fluctuations, state-owned enterprise profitability, import policies, and private sector struggles.

Marrero Defends New Rules for Cuban SMBs: "Selling Containers on the Street Was More Profitable"
Marrero Defends New Rules for Cuban SMBs: "Selling Containers on the Street Was More Profitable"

Published on 12/20/2024

Cuban Economy Minister Expresses Optimism: "We Can and We Will"
Cuban Economy Minister Expresses Optimism: "We Can and We Will"

Published on 12/19/2024

Dollar Dominance: Cuban Government Endorses Policy for "Partial Dollarization of the Economy"
Dollar Dominance: Cuban Government Endorses Policy for "Partial Dollarization of the Economy"

Published on 12/18/2024

Ulises Toirac Appeals to San Lázaro: "Go Easy on Us and Lend a Hand This Year, We Really Need It"
Ulises Toirac Appeals to San Lázaro: "Go Easy on Us and Lend a Hand This Year, We Really Need It"

Published on 12/19/2024

Cuban Government Anticipates Another Significant Budget Deficit in 2025
Cuban Government Anticipates Another Significant Budget Deficit in 2025

Published on 12/19/2024

Cuban Government Voices Concern Over Trump's Potential Return to the White House
Cuban Government Voices Concern Over Trump's Potential Return to the White House

Published on 12/18/2024

Currency Trends in Cuba's Informal Market This Tuesday
Currency Trends in Cuba's Informal Market This Tuesday

Published on 12/17/2024

Cuban Government Predicts Prolonged Tourism Crisis Through 2025
Cuban Government Predicts Prolonged Tourism Crisis Through 2025

Published on 12/18/2024

Cuba Aims for 1% GDP Growth in 2025 Amid Economic Turmoil
Cuba Aims for 1% GDP Growth in 2025 Amid Economic Turmoil

Published on 12/17/2024

Cuban from Guanabacoa Dreams of Leaving the Island: "Even Selling Everything I Own Won't Cover the Plane Ticket"
Cuban from Guanabacoa Dreams of Leaving the Island: "Even Selling Everything I Own Won't Cover the Plane Ticket"

Published on 12/14/2024

Pork Becomes an Unattainable Luxury in Cuba: "Pork Cracklings Are a Thing of the Past"
Pork Becomes an Unattainable Luxury in Cuba: "Pork Cracklings Are a Thing of the Past"

Published on 12/13/2024

Why Does Everything Tasty Seem To Be in the U.S. While We're Left with Nothing Here: Cuban Woman Vents on TikTok
Why Does Everything Tasty Seem To Be in the U.S. While We're Left with Nothing Here: Cuban Woman Vents on TikTok

Published on 12/13/2024

Biden Unlikely to Change Cuba Policy Before End of Term
Biden Unlikely to Change Cuba Policy Before End of Term

Published on 12/11/2024

15-Year-Old Cuban Boy with Tracheotomy Finds Support While Selling Pizzas on Camagüey Streets
15-Year-Old Cuban Boy with Tracheotomy Finds Support While Selling Pizzas on Camagüey Streets

Published on 12/8/2024

Miguel Díaz-Canel's Most Notable "Tall Tales"
Miguel Díaz-Canel's Most Notable "Tall Tales"

Published on 12/7/2024

Cuban Economist Criticizes New Restrictions on Small and Medium Enterprises: "Adding Insult to Injury"
Cuban Economist Criticizes New Restrictions on Small and Medium Enterprises: "Adding Insult to Injury"

Published on 12/6/2024

Public Trial Held for Illegal Cattle Slaughter in Holguín
Public Trial Held for Illegal Cattle Slaughter in Holguín

Published on 12/6/2024

Cuban in the U.S. Responds to Criticism: "If Things Are Easier Here, It's Because They're Harder in Cuba"
Cuban in the U.S. Responds to Criticism: "If Things Are Easier Here, It's Because They're Harder in Cuba"

Published on 12/7/2024

Cuban Economy Minister Claims Inflation Decline Unnoticed by Citizens
Cuban Economy Minister Claims Inflation Decline Unnoticed by Citizens

Published on 12/3/2024

Díaz-Canel Highlights Meat Scarcity as a Luxury in Sancti Spíritus
Díaz-Canel Highlights Meat Scarcity as a Luxury in Sancti Spíritus

Published on 11/29/2024

Díaz-Canel Dispatches Students to Regulate Prices in Ciego de Ávila
Díaz-Canel Dispatches Students to Regulate Prices in Ciego de Ávila

Published on 11/29/2024

Cuban Leader's Optimistic Pledge Amidst Economic Turmoil
Cuban Leader's Optimistic Pledge Amidst Economic Turmoil

Published on 11/27/2024

Cuba's Tourism Struggles: Only 2.4 Million Visitors by October 2024
Cuba's Tourism Struggles: Only 2.4 Million Visitors by October 2024

Published on 11/27/2024

Shocking Prices at José Martí Airport: "Up to Two Thousand Pesos for a Sweet Treat"
Shocking Prices at José Martí Airport: "Up to Two Thousand Pesos for a Sweet Treat"

Published on 11/20/2024

New Store in Convertible Currency Opens in Havana with Spanish Supplier
New Store in Convertible Currency Opens in Havana with Spanish Supplier

Published on 11/18/2024

Would You Consider Buying a Home in Alturas de Miramar Amid Cuba's Current Challenges?
Would You Consider Buying a Home in Alturas de Miramar Amid Cuba's Current Challenges?

Published on 11/15/2024

Young Cuban Reveals How to Get Rich by Planting Tomatoes Instead of Building a Backyard Pool
Young Cuban Reveals How to Get Rich by Planting Tomatoes Instead of Building a Backyard Pool

Published on 11/11/2024

Current Black Market Exchange Rates for Dollar, Euro, and MLC in Cuba
Current Black Market Exchange Rates for Dollar, Euro, and MLC in Cuba

Published on 11/10/2024

Cuban Coffee Touted as World's Finest by TasteAtlas
Cuban Coffee Touted as World's Finest by TasteAtlas

Published on 11/9/2024

How a Cuban Prepares Her Carry-On for a Trip to Cuba: "It's Like Playing Tetris"
How a Cuban Prepares Her Carry-On for a Trip to Cuba: "It's Like Playing Tetris"

Published on 11/7/2024

Pet Cabins to Be Built by Small Cuban Enterprise to Support Animal Protectors
Pet Cabins to Be Built by Small Cuban Enterprise to Support Animal Protectors

Published on 11/1/2024

Food Fair Prices in Santiago de Cuba: "They're On Fire"
Food Fair Prices in Santiago de Cuba: "They're On Fire"

Published on 10/30/2024

Cuban Woman in the U.S. on Sending Packages to Cuba: "Even Empty Cans Will Be Reused"
Cuban Woman in the U.S. on Sending Packages to Cuba: "Even Empty Cans Will Be Reused"

Published on 10/30/2024

Cuban Content Creator Shares TikTok Earnings from Matanzas
Cuban Content Creator Shares TikTok Earnings from Matanzas

Published on 10/28/2024

Cuban-American Criticizes Island's Dire Situation: "Money Talks, Friendship Walks"
Cuban-American Criticizes Island's Dire Situation: "Money Talks, Friendship Walks"

Published on 10/24/2024

Cubans Face Extended Internet Blackout Amid Widespread Power Outage
Cubans Face Extended Internet Blackout Amid Widespread Power Outage

Published on 10/19/2024

Massive Queues Form for Limited Chicken in Santiago de Cuba
Massive Queues Form for Limited Chicken in Santiago de Cuba

Published on 10/17/2024

Cuban Government's Endless Loop: Renewed Push to Revitalize Sugarcane and Food Production
Cuban Government's Endless Loop: Renewed Push to Revitalize Sugarcane and Food Production

Published on 10/14/2024

Cuban Sugar Prices Skyrocket: "I Refuse to Pay"
Cuban Sugar Prices Skyrocket: "I Refuse to Pay"

Published on 10/12/2024

Cuban Prime Minister Urges Leaders to Focus on Improving Household Economy
Cuban Prime Minister Urges Leaders to Focus on Improving Household Economy

Published on 10/2/2024

Cuban Government Announces Plans to "Revitalize the Economy"
Cuban Government Announces Plans to "Revitalize the Economy"

Published on 9/30/2024

Exchange Rates for USD, EUR, and MLC in Cuba on the Last Day of September
Exchange Rates for USD, EUR, and MLC in Cuba on the Last Day of September

Published on 9/30/2024

Euro Sees Sharp Increase in Cuban Informal Market After Nearly Two Months of Stability
Euro Sees Sharp Increase in Cuban Informal Market After Nearly Two Months of Stability

Published on 9/27/2024

Argentinian Tourist Sparks Debate by Showcasing Havana Gym Charging 1,200 Cuban Pesos per Day
Argentinian Tourist Sparks Debate by Showcasing Havana Gym Charging 1,200 Cuban Pesos per Day

Published on 9/26/2024

Cuban Uses Metropolitan Bank Card in Brazil: "A Magical Act"
Cuban Uses Metropolitan Bank Card in Brazil: "A Magical Act"

Published on 9/25/2024

Cuban Leader Díaz-Canel Urges Caution as Tropical Storm Helene Approaches
Cuban Leader Díaz-Canel Urges Caution as Tropical Storm Helene Approaches

Published on 9/24/2024

How Much is the Dollar Worth Today in Cuba? Informal Market Rates
How Much is the Dollar Worth Today in Cuba? Informal Market Rates

Published on 9/24/2024

Dollar Price Hike Surprises Cuban Black Market
Dollar Price Hike Surprises Cuban Black Market

Published on 9/23/2024

Currency Stability Illusion: How Exchange Rates Shift in Cuba’s Black Market
Currency Stability Illusion: How Exchange Rates Shift in Cuba’s Black Market

Published on 9/22/2024

Dollar Remains Steady in Cuba’s Informal Market: Current Rates and Trends
Dollar Remains Steady in Cuba’s Informal Market: Current Rates and Trends

Published on 9/21/2024

Currency Exchange Rates in Cuba's Informal Market: USD, EUR, and MLC
Currency Exchange Rates in Cuba's Informal Market: USD, EUR, and MLC

Published on 9/17/2024

Unexpected Stability in Cuba's Black Market Currency Exchange: MLC Slightly Drops, Remains Steady Today
Unexpected Stability in Cuba's Black Market Currency Exchange: MLC Slightly Drops, Remains Steady Today

Published on 9/15/2024

Díaz-Canel Urges Establishment of UJC and PCC Committees in Private SMEs
Díaz-Canel Urges Establishment of UJC and PCC Committees in Private SMEs

Published on 9/14/2024

Cubans Criticize Bruno Rodríguez: "Without You, GDP Would Have Grown by 100%"
Cubans Criticize Bruno Rodríguez: "Without You, GDP Would Have Grown by 100%"

Published on 9/12/2024

Current Exchange Rates for USD, Euro, and MLC in Cuba
Current Exchange Rates for USD, Euro, and MLC in Cuba

Published on 9/12/2024

Cubana Living in the US Defends Sending Money to Relatives in Cuba: "I Will Never Forget My Family"
Cubana Living in the US Defends Sending Money to Relatives in Cuba: "I Will Never Forget My Family"

Published on 9/9/2024

Cooking a Traditional Cuban Stew Now Costs Over 8,000 Pesos
Cooking a Traditional Cuban Stew Now Costs Over 8,000 Pesos

Published on 9/8/2024

Price Drop on Havana Apartment Fails to Attract Buyers
Price Drop on Havana Apartment Fails to Attract Buyers

Published on 9/6/2024

Exchange Rates: Current Prices for Dollars, Euros, and MLC in Cuba
Exchange Rates: Current Prices for Dollars, Euros, and MLC in Cuba

Published on 9/5/2024

Cubana Urges Financial Support for Relatives in Cuba Amid Dire Conditions
Cubana Urges Financial Support for Relatives in Cuba Amid Dire Conditions

Published on 9/4/2024

Spanish Singer Faces Backlash After Revealing Meal Costs in Havana Restaurant
Spanish Singer Faces Backlash After Revealing Meal Costs in Havana Restaurant

Published on 9/3/2024

Cuban Government Denies Rumors of New Measures to "Correct Distortions"
Cuban Government Denies Rumors of New Measures to "Correct Distortions"

Published on 9/2/2024

Former Cuban Economy Minister Reports Over $4 Billion Loss in External Revenue Over Five Years
Former Cuban Economy Minister Reports Over $4 Billion Loss in External Revenue Over Five Years

Published on 8/27/2024

Dollar Holds Steady for Nearly Two Weeks in Cuba
Dollar Holds Steady for Nearly Two Weeks in Cuba

Published on 8/16/2024

Dollar in Cuba: Why is the Informal Currency Market Stable?
Dollar in Cuba: Why is the Informal Currency Market Stable?

Published on 8/15/2024

Santiago de Cuba Faces Severe Milk Shortage for Children
Santiago de Cuba Faces Severe Milk Shortage for Children

Published on 8/11/2024

Decline in MLC Exchange Rate in Cuba's Informal Market
Decline in MLC Exchange Rate in Cuba's Informal Market

Published on 8/9/2024

Drop in U.S. Chicken Exports to Cuba in 2024
Drop in U.S. Chicken Exports to Cuba in 2024

Published on 8/8/2024

Everyday Things Abroad That Are Extraordinary in Cuba
Everyday Things Abroad That Are Extraordinary in Cuba

Published on 8/2/2024

The Dollar and Euro Retreat in Cuba
The Dollar and Euro Retreat in Cuba

Published on 8/1/2024

Euro Climbs for Third Consecutive Day in Cuba
Euro Climbs for Third Consecutive Day in Cuba

Published on 7/30/2024

Santiago Carnival Faces Steep Prices: Beer at 240 Pesos and Pork Sandwich at 200 Pesos
Santiago Carnival Faces Steep Prices: Beer at 240 Pesos and Pork Sandwich at 200 Pesos

Published on 7/25/2024

Dollar Price Rises in Cuba for Second Consecutive Day
Dollar Price Rises in Cuba for Second Consecutive Day

Published on 7/24/2024

Yulién Oviedo Blames Leaders for Cuba's Migration Crisis: "Poor Management and Misery"
Yulién Oviedo Blames Leaders for Cuba's Migration Crisis: "Poor Management and Misery"

Published on 7/20/2024

Dollar Stabilizes While Euro Continues to Fall in Cuba's Informal Currency Market
Dollar Stabilizes While Euro Continues to Fall in Cuba's Informal Currency Market

Published on 7/20/2024

Cuban Leader Díaz-Canel Declares: "Time to Take Action" on New Regulations for SMEs
Cuban Leader Díaz-Canel Declares: "Time to Take Action" on New Regulations for SMEs

Published on 7/20/2024

The Dollar Responds to New Economic Measures in Cuba's Informal Market
The Dollar Responds to New Economic Measures in Cuba's Informal Market

Published on 7/18/2024

Cuban Government Revokes Import Licenses from 24 Private Companies
Cuban Government Revokes Import Licenses from 24 Private Companies

Published on 7/17/2024

Cuban Government to Resume Accepting Cash Foreign Currency: "We're Losing a Lot of Money"
Cuban Government to Resume Accepting Cash Foreign Currency: "We're Losing a Lot of Money"

Published on 7/17/2024

How Far Does 1000 Pesos Go in a Cuban Market? One Woman Finds Out
How Far Does 1000 Pesos Go in a Cuban Market? One Woman Finds Out

Published on 7/17/2024

Cuban Economy Takes a Hit with Nearly 2% Decline in 2023
Cuban Economy Takes a Hit with Nearly 2% Decline in 2023

Published on 7/15/2024

Fines for Violating Price Caps Could Exceed 8,000 Pesos
Fines for Violating Price Caps Could Exceed 8,000 Pesos

Published on 7/11/2024

Dollar Exchange Rate Drops in Cuba
Dollar Exchange Rate Drops in Cuba

Published on 7/11/2024

Cubans Urged to Report Price Cap Violations via Hotline
Cubans Urged to Report Price Cap Violations via Hotline

Published on 7/10/2024

Aleida Guevara: State Workers’ Wages Are Not Enough to Live On
Aleida Guevara: State Workers’ Wages Are Not Enough to Live On

Published on 7/10/2024

Cubans Urged to Work More to Combat Soaring Prices
Cubans Urged to Work More to Combat Soaring Prices

Published on 7/9/2024

The Cost of Eggs Surpasses Cuba's Minimum Wage in Havana
The Cost of Eggs Surpasses Cuba's Minimum Wage in Havana

Published on 7/5/2024

Dollar's Value Drops in Cuba's Informal Market
Dollar's Value Drops in Cuba's Informal Market

Published on 7/5/2024

Cuban Leader Díaz-Canel Reminds Business Owners: "We're All Here to Save the Revolution and Socialism"
Cuban Leader Díaz-Canel Reminds Business Owners: "We're All Here to Save the Revolution and Socialism"

Published on 7/2/2024

Economist Criticizes Council of Ministers Meeting: "Reveals a Government Stuck in Worn-Out Rhetoric"
Economist Criticizes Council of Ministers Meeting: "Reveals a Government Stuck in Worn-Out Rhetoric"

Published on 7/1/2024

Manuel Marrero Calls for Stricter Measures Amid "War Economy" Conditions
Manuel Marrero Calls for Stricter Measures Amid "War Economy" Conditions

Published on 6/24/2024

Creativity: How to Use a Cuban Peso in Europe
Creativity: How to Use a Cuban Peso in Europe

Published on 6/23/2024

Cattle Thefts Surge: 23 Livestock Stolen and Slaughtered in Guantánamo in 24 Hours
Cattle Thefts Surge: 23 Livestock Stolen and Slaughtered in Guantánamo in 24 Hours

Published on 6/21/2024

Ja Rulay's Photo with Wads of Cash Sparks Debate: "Anuel AA Posts Pics Like This and Cubans Celebrate"
Ja Rulay's Photo with Wads of Cash Sparks Debate: "Anuel AA Posts Pics Like This and Cubans Celebrate"

Published on 6/20/2024

Cuban in Uruguay Showcases Abundance of Meat in Local Butcher Shop
Cuban in Uruguay Showcases Abundance of Meat in Local Butcher Shop

Published on 6/18/2024

Currency Exchange Stalls for Second Consecutive Day in Cuba's Informal Market
Currency Exchange Stalls for Second Consecutive Day in Cuba's Informal Market

Published on 6/17/2024

Stability in Cuba's Currency Fluctuations
Stability in Cuba's Currency Fluctuations

Published on 6/16/2024

Euro Continues to Decline in Cuba's Informal Exchange Market
Euro Continues to Decline in Cuba's Informal Exchange Market

Published on 6/15/2024

Currency Drop in Cuba: USD and MLC Rates Plummet
Currency Drop in Cuba: USD and MLC Rates Plummet

Published on 6/11/2024

A Halt in the Frenzied Race of Foreign Exchange in Cuba
A Halt in the Frenzied Race of Foreign Exchange in Cuba

Published on 6/10/2024

Enough Tricks: We Don't Want More Government Interference in Cuba's Economy
Enough Tricks: We Don't Want More Government Interference in Cuba's Economy

Published on 6/9/2024

Currency Surge in Cuba Highlights CUP Weakness and Informal Market Instability
Currency Surge in Cuba Highlights CUP Weakness and Informal Market Instability

Published on 6/8/2024

La Palma Agromarket in Havana Shows Scarcity and High Prices
La Palma Agromarket in Havana Shows Scarcity and High Prices

Published on 6/7/2024

Rapid Surge in Dollar, Euro, and MLC Prices in Cuba Following Historic Drop
Rapid Surge in Dollar, Euro, and MLC Prices in Cuba Following Historic Drop

Published on 6/6/2024

Cuban Government Marks International Children's Day: "We Must Protect Them"
Cuban Government Marks International Children's Day: "We Must Protect Them"

Published on 6/1/2024

Mexican Tourist Shares Emotional Experience in Cuba: "I Broke Down Crying in My Room"
Mexican Tourist Shares Emotional Experience in Cuba: "I Broke Down Crying in My Room"

Published on 5/31/2024

The Struggles of Small Businesses in Cuba: A Reflection of the Regime's Economic Failures
The Struggles of Small Businesses in Cuba: A Reflection of the Regime's Economic Failures

Published on 5/28/2024

Dramatic Decline in Cuban Currencies: Dollars, Euros, and MLC Plummet Further
Dramatic Decline in Cuban Currencies: Dollars, Euros, and MLC Plummet Further

Published on 5/28/2024

MINCEX Denies Rumors of Halting Exports by Cuban Private Enterprises
MINCEX Denies Rumors of Halting Exports by Cuban Private Enterprises

Published on 5/26/2024

Importation of Cars to Cuba Promoted by State Media: What About the Embargo?
Importation of Cars to Cuba Promoted by State Media: What About the Embargo?

Published on 5/25/2024

Plunge in Cuban Currency Exchange Rates Continues: Five-Point Drop in Major Currencies Confirmed
Plunge in Cuban Currency Exchange Rates Continues: Five-Point Drop in Major Currencies Confirmed

Published on 5/25/2024

ETECSA Claims to Provide the "Cheapest" Internet in the Caribbean
ETECSA Claims to Provide the "Cheapest" Internet in the Caribbean

Published on 5/23/2024

The Dollar Plummets in Cuba: Seven Straight Days of Decline
The Dollar Plummets in Cuba: Seven Straight Days of Decline

Published on 5/22/2024

TheToque Comments on Recent Decline in Currency Values in Cuba
TheToque Comments on Recent Decline in Currency Values in Cuba

Published on 5/22/2024

State-Owned Enterprises Can Be Profitable, Insists Díaz-Canel
State-Owned Enterprises Can Be Profitable, Insists Díaz-Canel

Published on 5/21/2024