Marrero Cruz reports in Parliament on a new mechanism for the allocation and management of foreign currency

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Marrero Cruz informa en el Parlamento sobre nuevo mecanismo para asignación y gestión de divisas

Speaking during the ordinary session of Parliament, this Wednesday, Prime Minister Manuel Marrero Cruz reported that the implementation of a new mechanism for the allocation and management of foreign currency has been approved, which repeals Resolution 115/2020 of the MEP.

Among the main modifications introduced by the new mechanism are:

    All transactions within the economy will be carried out in CUP, except for the ZED Mariel, authorized retail and wholesale trade entities in foreign currency, foreign entities and others that are approved.
    A process of cleaning up the foreign currency accounts of state entities will be carried out.
    Closed financing schemes will be approved for exporters.

http://www.cubadebate.cu/noticias/2024/07/17/marrero-cruz-informa-en-el…

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