Murillo: There will be no shock therapy in monetary reform in Cuba

Edited by Jorge Ruiz Miyares
2020-12-17 08:47:24

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Marino Murillo Jorge addresses lawmakers, December 16, 2020.

Havana, December 17 (RHC)--  The most immediate goal of the Ordering Task is the study and analysis of all the opinions voiced by the population, which are being collected thanks to the early announcement of the measures. "Everything is being reviewed, including the electricity tariff.

Those were remarks Marino Murillo Jorge, the head of the Permanent Commission for the Implementation and Development of the Guidelines of the Communist Party, made on Wednesday. He urged the population to study the legal norms that accompany this task and not get carried away by comments.

Addressing lawmakers participating in the sixth ordinary session of the 9th Legislature of the Parliament, he commented that the conditions are created to control wholesale price increases and that abusive and speculative prices must also be confronted in the retail environment.

To this effect, he said the Ministry of Finance and Prices will issue a resolution, together with the Tax Law, which will establish the prices of July 2019 as a reference.

"Also, the provincial and municipal governments will have the power to set price limits, at a level of growth that allows self-employed workers, with their new income, to cover their costs.

In his conclusion, Murillo Jorge insisted that all vulnerable people will be helped and there will be no shock therapies. "However, the first solution will be to give employment to those who are active and in physical condition to work, because what we want is for work to become the main source of wealth generation."



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