Saturday, September 30, 2023

Huge queue to withdraw cash at Treasury Department ATM in Havana

A long queue to access ATMs at the Ministry of Finance and Prices was documented this Tuesday by the opposition Silverio portal

“The queue at the ATM is in the same Ministry of Finance and Prices,” said Portal, who documented the dozens of people waiting for the ATM at the entrance to the Ministry building.

The lack of cash in ATMs across the country Long queues ensue, trying to be the first to get the little money the machines deliver each day.

In early August, the Central Bank of Cuba (BCC) imposed an induction of strict control of cash through measures aimed at direct debit and payment transactions between all economic operators, a process aimed at minimizing cash consumption.

The crisis creates complaints from people who cannot even withdraw their salary due to a lack of money at ATMs. Recognize social networks a general malaise among the population We are fed up with every new measure that only worsens the economic crisis, along with inflation that empties the pockets of workers and pensioners.

Meanwhile, Alberto Quiones Betancourt, vice president of the Central Bank of Cuba (BCC), said on national television that the lack of cash in Cuba’s ATMs was not a consequence of access to banking, affirming that “banking is the answer to better service for the people.”

recognized that The cash situation is “critical, with high demand and low deposits in bank branches, but reiterated that the priority for the BCC is to provide cash to the population, families, pensioners, and Cuban workers.

World Nation News Desk
World Nation News Desk
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