Cash Shortage Crisis in Havana: Why Cubans Are Frustrated and Desperate for Money
HAVANA, Cuba – A growing number of frustrated Cubans are facing challenges within the country’s monetary system, with shortages of cash causing long queues at banks and ATMs in Havana and beyond. Alejandro Fonseca, a 23-year-old Cuban, experienced this firsthand when he spent hours waiting in line at a bank ATM only to find the cash had run out before he could withdraw any funds. According to Cuban economist and university professor Omar Everleny Pérez, …