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Cash-strapped Cubans fret over dual currency

Posted on 06 August 2014

“The decision to unify Cuba’s dual currency and exchange rate cannot be postponed,” says Joaquin Infante, advisor to the head of the Cuban Association of Economists. The interview with Infante touches on one of the hottest issues of concern to Cubans who have to cope with wages that have not kept up with the cost of living particularly in the last decade.
Most affected are public employees who still make up the majority of the labor force and retirees living on government pensions that are insufficient to cover even basic necessities such as food, electricity, and cooking gas, much less a new pair of shoes………………………………………..Full Article: Source


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