Cuban President Miguel Díaz-Canel Bermúdez on Friday urged to replace the nation´s nationwide banking system by implementing structural and organizational improvements, in addition to new applied sciences and companies.

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In response to the Nationwide Tv Information (NTV), the Cuban chief known as for the evaluation of present-day tendencies, together with cryptocurrencies and different digital banking points. As well as, it ought to embrace methods to confront the U.S. blockade.

“We have to have a greater imaginative and prescient of how banking techniques are ‘shifting’ around the globe, for which we should search worldwide collaboration based mostly on coaching our personnel”, he acknowledged.

President Díaz-Canel Bermúdez acknowledged that Cuba´s banking system continues to be working below a major system, and though there may be an understanding of the current points in addition to an answer path, specialists haven’t managed to unravel the prevailing issues.

President Díaz-Canel urged the promotion of PhDs and Grasp’s levels in funds, to have enough “essential consultants” to offer administration based mostly on science and innovation.In the meantime, Prime Minister Manuel

Marrero Cruz spoke concerning the emergency of “getting younger individuals to suppose, analysis and make proposals” to have an environment friendly banking system just like the one Cuba wants.

The Central Financial institution of Cuba Minister-President Marta Sabina Wilson supplied particulars about essentially the most urgent strains of science and innovation deliberate and developed by the nationwide banking and monetary system as a part of the macro-programs which the Nationwide Financial and Social Growth Plan is laid out.