Guantánamo.- The recent call from the leadership of the Communist Party and the provincial government in Guantánamo emphasizes the need for alternative measures across the ten municipalities to address the cash shortage within banks.

This initiative was highlighted during a recent assessment of the region’s economic vitality meeting, in which Yoel Pérez García, the first secretary of the political organization, stressed the importance of enhanced oversight and systematic deposits from state enterprises, non-state economic actors, and small and medium-sized enterprises (SMEs) that handle significant cash volumes.

Pérez García also underscored the necessity of identifying the factors contributing to the decline in electronic payment transactions and the reluctance of various economic participants to adopt these methods. This noncompliance with Resolution 111 of 2023 from the Central Bank of Cuba poses challenges to the financial landscape, necessitating a concerted effort to encourage the use of digital payment channels.

The discussion highlighted that success in this endeavor requires a rigorous approach and a well-defined communication strategy. Adhering to established resolutions is crucial to ensuring the smooth circulation of goods and services in the region, particularly in light of the complex economic challenges currently facing the country.