HAVANA, Jan 1. The Cuban government will extend until March 31 the non-commercial, tariff-free importation of food, medications, and toiletries, without limits on their value.
The Ministry of Finance and Prices (MPF), in its resolution 280 of 2023, extended this measure that applies to products that enter the country via passengers as accompanied luggage.
The organization also issued resolution 281, which extends until the same date the permission to import power plants with a power greater than 900 watts, even if their value exceeds that established for air, sea, postal and courier shipments.
The standard indicates that the decision takes into account the benefits it brings to the residential sector.
The acquisition of power plants through shipments is dential, given the “contingencies” in the energy system.
Last week, during the session of the National Assembly, Prime Minister Manuel Marrero announced the extension of the tariff exemption period, which expired this Sunday, December 31.
Marrero then said that the decision to keep it in force was adopted even though this exemption has not given the expected result, since it was applied to solve people’s problems, but in the long run, it has become a way ” to import products that are resold at speculative prices”.
The leader pointed out that they will work to find ways and financing to guarantee a stable supply in stores in foreign currency, “so that whoever wants to buy does not have to go abroad to import something that he can acquire here.”
He expressed that it is necessary, “first of all, to guarantee a stable supply in stores in foreign currency, if we want to maintain and subsequently increase the proposals of the network of national stores.”
He also stressed that the government’s vision “is not to dollarize the economy at all,” but that “we have to go through partial dollarization that allows us to raise or increase a group of currencies to be able to put them to benefit the economic and social development of the country.”
This measure was taken for the first time after the protests of July 11, 2021, as a way to make up for the general deficit of products that already existed in the country.