MIAMI, United States. – The Cuban economist Elías Amor celebrated this Tuesday, in Interview with CubaNet, the measure of the regime to accept, again, US dollars in banks and other financial institutions, but considered that the arguments to justify this “reversal” movement were “false”.
In this sense, Amor pointed out that “one thing is that [las autoridades del régimen] reverse the outrages committed by communism and another thing is that they do it well, and in this case, unfortunately, they have done it wrong again”, he added.
The Cuban economist based in Spain recalled that the island’s government had justified the new measure for three reasons: “first because the pandemic is behind us, second because tourism is improving and third because they say they notice some productive activity and services ”.
However, the economist emphasized that “those three factors were already taking place when [las autoridades] they foolishly decided to prohibit deposits in banks; therefore, it is a puerile situation that does not correspond to a rigorous analysis of reality”.
“The arguments that justify this measure are false. This is a deception for Cubans, for public opinion, and we have to deny it in the most radical terms: it is not true that these factors condition or determine that a measure like this be reversed,” he assured.
At another point in the interview, Amor indicated that it was an “expected measure.” “The communist regime has reversed a measure that [inicialmente, en junio de 2021] justified by a series of factors that were absolutely improbable, such as that the vaults were full of banknotes or that the traceability of the banknotes was not accepted internationally, arguments that at the moment of truth have fallen under their own weight ”, explained the economist.
For Amor, the June 2021 measure was “quite unfair and, from an economic point of view, inefficient.”
“As an economist who defends that Cuba has to reverse many things in order for the economy to work again, I think that this decision must be seen from that perspective. When the communist regime reverses its crazy ideas about the economy we have to think that some light has entered that dark cave of incompetence and evil, ”she considered.
“This is a case in which we have to congratulate ourselves because Cubans can reopen deposits in dollars and have them there, even if this has its consequences ―he has not been elected the most suitable moment nor has it been done in the most correct way. Communism backtracking on wild ideas about the economy is something we have already seen in Eastern European countries,” he noted.
