Get all your news in one place.
100's of premium titles.
One app.
Start reading
Latin Times
Latin Times
National
Demian Bio

Cuba will 'partially' dollarize its economy as crisis deepens

Image of Cuba (Credit: JF Martin/Unsplash.)

Cuba announced a "partial" and temporary dollarization of its economy amid the deepening of a crisis that has led a significant part of its population to leave the country over the past years.

Prime Minister Manuel Marrero described the current scenario as a "war economy" and said the government will start accepting payments in foreign currencies at venues related to its industry, including hotels and stores.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.