Florida, April 21 – Among the tasks to be promoted by the Municipal Administration Council of Florida to advance in the compliance with Resolution 111 of the Central Bank of Cuba is to increase the control visits by the Banking Commission and governing bodies to state entities, self-employed workers and new management models that fail to comply with the obligation to make bank deposits on a regular basis.
At the end of March, out of the 1,639 economic actors registered in the branches of the banking institutions of the territory, only 13 percent of them were delivering cash, in the midst of an environment of frank impunity which impacts on the normal development of the banking activity and diminishes the response to the monetary demands of the population.
The impact of this distortion is truly huge, suffice it to say that the amount of money handed over by those who complied in March exceeded 28 million pesos, a figure which could be multiplied much more if the total number of self-employed workers, micro and small and medium-sized enterprises, productive bases and other projects complied with the banking program.
Among the actions announced by the Government of Florida to face this phenomenon and revert the situation, the following stand out: alert measures, cash register inspections and the closing of non-compliant establishments.
Resolution 111 of the Central Bank of Cuba establishes the obligation for all economic actors to make bank deposits at least once a week, and each time the sum of the cash received reaches the amount of one hundred thousand pesos, the deposit is made on the following bank working day.
