“On the COVID-19 Pandemic, the Cuban Economy, and Remittance Flows to the Island”

Before the Covid-19 pandemic, Cuba was suffering an economic crisis. With the pandemic, the crisis has aggravated as the remittances and tourism, the second and third most important sources of hard currency on the island, have decreased. Food scarcity affects Cubans’ daily lives, who have to make long lines to access essential goods. Evaluating the intersected impact of the Covid-19 pandemic and the remittance restrictions, this presentation examines the Cuban government’s economic response.