Cuba Moves to Decentralize Imports

Cuba Moves to Decentralize Imports
July 21, 2009

HAVANA TIMES, July 20 - The Cuban government has decided to decentralize
expenditures in hard currency for imports, which will now be managed by
the individual ministries instead of a single centralized super account,
reported Mexico's La Jornada newspaper on Monday.

Nevertheless, the daily points out that the new measure does not state
the fate of outstanding accounts that have not been paid to foreign
suppliers over the last seven months, estimated at around one billion USD

Cuba Moves to Decentralize Imports - Havana Times.org (21 July 2009)
http://www.havanatimes.org/?p=12010