Private sector
A majority of private sector employees believe their aspirations are well represented by elected staff representatives, according to a Dares note released in January. The image of representatives has improved, while that of unions has followed but to a lesser extent. This 2023 survey reflects a context of social tensions related to pension reform.
Raportoinut AI
For the first time, the Cuban government allows private individuals to hold foreign currency accounts and conduct transactions with them. This measure, part of a legislative package, imposes an 80% retention coefficient for certain foreign currency incomes, which must be delivered to the Central Bank. The goal is to boost foreign currency revenues and enable legal imports.