Tarea Ordenamiento

E1001721

Tarea Ordenamiento was a major Cuban economic reform program that eliminated the dual-currency system, devalued the peso, and overhauled wages, prices, and subsidies starting in 2021.

All labels observed (1)

Label Occurrences
Tarea Ordenamiento canonical 1

How this entity was disambiguated

Statements (44)

Predicate Object
instanceOf Cuban government policy ⓘ
economic reform program ⓘ
affects household incomes in Cuba ⓘ
price structure in Cuba ⓘ
state enterprises in Cuba ⓘ
aimedAt improving transparency of prices and wages ⓘ
increasing efficiency of Cuban economy ⓘ
alsoKnownAs Ordenamiento Monetario ⓘ
announcedBy Marino Murillo Jorge ⓘ
Miguel Díaz-Canel ⓘ
component currency unification ⓘ
exchange rate reform ⓘ
price reform ⓘ
subsidy reform ⓘ
wage reform ⓘ
country Cuba ⓘ
currencyEliminated CUC ⓘ
linked to: CUC$
currencyRetained CUP ⓘ
designedDuring Raúl Castro presidency ⓘ
exchangeRatePolicy official devaluation of CUP against foreign currencies ⓘ
hasConsequence higher consumer prices in Cuba ⓘ
higher nominal wages in Cuba ⓘ
reduction of some state subsidies ⓘ
implementedBy Government of Cuba ⓘ
linked to: Cuban government
implementedDuring Miguel Díaz-Canel presidency ⓘ
linked to: Miguel Díaz-Canel
languageOfName Spanish ⓘ
mainGoal eliminate dual-currency system in Cuba ⓘ
unify Cuban monetary and exchange rate system ⓘ
policyArea fiscal policy ⓘ
macroeconomic stabilization ⓘ
monetary policy ⓘ
policyChange devaluation of the Cuban peso (CUP) ⓘ
elimination of the CUC (Cuban convertible peso) ⓘ
increase of targeted social assistance ⓘ
overhaul of prices ⓘ
overhaul of wages ⓘ
reduction of generalized subsidies ⓘ
region Cuba ⓘ
scope nationwide reform in Cuba ⓘ
startDate 2021-01-01 ⓘ
startYear 2021 ⓘ
subjectOf criticism from Cuban population affected by price increases ⓘ
debate about inflation in Cuba ⓘ
timePeriod 2020s ⓘ

How these facts were elicited

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

Cuban convertible peso → monetaryUnificationPolicy → Tarea Ordenamiento ⓘ