Cuban Government Fires the President of the Central Bank Without Explanations

14ymedio/EFE, Madrid, 16 February 2023 — On Wednesday, the Cuban government dismissed the president of the Central Bank of Cuba (BCC), Martha Wilson González, after four years in office. Her position will be occupied by Joaquín Alonso Vázquez, until now president of the state Exchange Houses (Cadeca). Without giving explanations about this movement, which takes … Continue reading “Cuban Government Fires the President of the Central Bank Without Explanations”

Short on Dollars, Cadeca Will Now Process Tax Collection and Retiree Payments

14ymedio, Havana, 14 June 2021 — Residents of Havana’s Nuevo Vedado neighborhood had been wondering why Cadeca, the state-run currency exchange agency, would be opening a new office in their area. They got their answer this weekend: the company will now be processing taxes and payments to retirees. “All of us were surprised they would … Continue reading “Short on Dollars, Cadeca Will Now Process Tax Collection and Retiree Payments”

Out of Dollars, the Cuban Government Suspends Hard Currency Exchange at Airports

14ymedio, Havana, 20 May 2021 — Without warning, currency exchange bureaus at Cuban airports abruptly stopped selling hard currency on Thursday due to a shortage of hard cash. The news came in an announcement by Cadeca, the state-run currency exchange agency, on social media a few hours before the measure took effect. “In light of … Continue reading “Out of Dollars, the Cuban Government Suspends Hard Currency Exchange at Airports”