White paper - Cuba's dual currency system: the need for urgent reform

Cuba’s dual currency system: why it must change and what could replace it

Introduction by LatinNews 01 October 2013 Modified: 14 March 2014 7478 views

In early July 2013, Marino Murillo, Cuba's economic tsar and architect of its economic policy ‘updating’, addressed an invited delegation of international journalists and academics about the direction of the economic reforms being undertaken by the government led by President Raúl Castro. Among much else, Murillo confirmed that the government is looking to unify Cuba's two currencies.

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