19

A 500 percent fuel price hike will take effect in Cuba this week, a month later than initially planned, the government of the cash-strapped island nation said Wednesday.

Finance Minister Vladimir Regueiro announced via government mouthpiece Granma that the higher prices will enter into force on Friday, March 1.

The price of electricity will rise by 25 percent from the same date for the country's biggest consumers, he added.

Havana had announced a five-fold increase in the fuel price from February 1 as part of a series of measures seeking to cut the communist-run nation's budget deficit.

top 4 comments
sorted by: hot top controversial new old
[-] BackOnMyBS@lemmy.world 2 points 8 months ago

"man, i love walking." -People in Havana rn

[-] ikidd@lemmy.world 6 points 8 months ago

IDK if you've been in Cuba, but walking is pretty much what people do. There are not a lot of private vehicles compared to other places.

I've given a lot of rides to people when I've vacationed in Cuba. It's kinda just what you do. Great way to meet people too.

[-] BackOnMyBS@lemmy.world 3 points 8 months ago

yeah, ive been like 20 times. half my family is there. i love it and know what youre talking about. im sure all those people you gave rides to really appreciated the lift, and im happy you made friends ๐Ÿ™‚

[-] PoliticallyIncorrect@lemmy.world 2 points 8 months ago* (last edited 8 months ago)

Can't understand why Cuba didn't make a good deal with Venezuela/Russia, they can easily get supply while they cooperate in medical improvement with them.

Why don't take advantage of their first level medical system.

this post was submitted on 02 Mar 2024
19 points (95.2% liked)

worldnews

4836 readers
1 users here now

Rules:

  1. Be civil. Disagreements happen, that does not give you the right to personally insult each other.

  2. No racism or bigotry.

  3. Posts from sources that aren't known to be incredibly biased for either side of the spectrum are preferred. If this is not an option, you may post from whatever source you have as long as it is relevant to this community.

  4. Post titles should be the same as the article title.

  5. No spam, self-promotion, or trolling.

Instance-wide rules always apply.

founded 1 year ago
MODERATORS