In recent hours, a wave of outrage has flooded social media as thousands of Cubans express their discontent following the announcement by Aracelys Cardoso Hernández, the Vice Minister of Domestic Trade. The government plans to open 50 new dollar-only stores across the country, a move seen as offering no relief to the everyday struggles of ordinary Cubans.
The Ministry of Domestic Trade (MINCIN), which has traditionally managed state-run stores and markets, including rationed goods, is now intensifying its pursuit of foreign currency, a priority for the regime. These upcoming stores will not accept the once-favored MLC cards, but will instead require cash in foreign currency or payment through Visa, Mastercard, and Classic cards.
Many Cubans are united in their criticism, viewing this decision as a slap in the face to the working class. "It's shameless. Suggesting that a Cuban, surviving solely on their salary without any aid, could shop at these stores," citizens protest, highlighting how this move disregards the island's dire economic realities.
This announcement has rekindled memories of the early revolutionary years when possessing foreign currency and private enterprises were heavily penalized. "What was once forbidden at the start of the revolution is now commonplace. How many were imprisoned for having a business under the so-called 'plan maceta' or owning a dollar, and now it's the dominant currency in the country? What hypocrisy!" lamented Juan Carlos O.R.
During her appearance on the Round Table, Vice Minister Cardoso Hernández acknowledged that the supply in the national currency is inadequate due to production contractions and a severe lack of foreign funds, which hinders the resupply of domestic commerce.
Cuban Economic Challenges and Dollarization
Why are Cubans upset about the new dollar-only stores?
Cubans are frustrated because these stores only accept foreign currency, which many citizens cannot access with their limited salaries, increasing inequality and economic hardship.
What payment methods are accepted in these dollar stores?
The new stores will accept payments only in cash with foreign currency or through Visa, Mastercard, and Classic cards, excluding the MLC cards previously used.
How does this decision reflect on Cuba's economic policies?
This move underscores the regime's desperate need for foreign currency, highlighting inconsistencies in Cuba's economic policies, where past restrictions on foreign currency are now commonplace.