Cuban officials have announced that the stores would be excluding a 10% tax on purchases done using US dollars. Miguel Diaz-Canel, Cuban President and Cuba’s minister of economy, Alejandro Gil, made the announcement regarding the exclusion of tax on Thursday. Gil said in Spanish that they are in an exceptional situation, adding that the measure was in response to the economic crisis which is brought upon the country by the coronavirus pandemic, the US sanctions and a reduction in tourism.
Cuban officials have announced that the stores would be excluding a 10% tax on purchases done using US dollars.Miguel Diaz-Canel, Cuban President and Cuba’s minister of economy, Alejandro Gil, made the announcement regarding the exclusion of tax on Thursday.Gil said in Spanish that they are in an exceptional situation, adding that the measure was in response to the economic crisis which is brought upon the country by the coronavirus pandemic, the US sanctions and a reduction in tourism.

Last Updated on July 18, 2020, 11:43 AM AST by Anthony Morris

Cuban officials have announced that the stores would be excluding a 10% tax on purchases done using US dollars.

Miguel Diaz-Canel, Cuban President and Cuba’s minister of economy, Alejandro Gil, made the announcement regarding the exclusion of tax on Thursday.

Gil said in Spanish that they are in an exceptional situation, adding that the measure was in response to the economic crisis which is brought upon the country by the coronavirus pandemic, the US sanctions and a reduction in tourism.

Reporter at SKN News | anthony@sknnews.com |  + posts

Anthony Morris covers stories related to politics and regional developments. His in-depth reporting about governance and reforms makes him stand out in regional journalism, with a deep analysis of political trends and their impact on Caribbean communities.