Tag: Cuba
Posted in WP-12
Cuba moves to ‘partially’ dollarize economy as government struggles to make payments
Cuban Prime Minister Manuel Marrero said the government will embrace a “partial” dollarization of the economy as it struggles to buy food, oil, and pay creditors in a scenario he described as a “war economy.” During a session of the National Assembly on Wednesday, Marrero said the government will start accepting payments in dollars and …