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Cuban government defends plans to either cut rations or increase prices

Cuban government defends plans to either cut rations or increase prices

ABC News
Saturday, December 23, 2023 04:33:49 AM UTC

The Cuban government says it will have to either increase prices for fuel and electricity, or reduce rations for basic supplies

HAVANA -- The Cuban government said Friday it will have to either increase prices for fuel and electricity, or reduce rations for basic supplies.

President Miguel Díaz-Canel said such difficult measures were needed for difficult times, after the minister of the economy said Cuba’s economy contracted between 1% and 2% this year, and inflation ran at about 30%. There were problems in the tourism industry — Cuba's main source of income — and in farm production.

“This is a question of complicated measures, as complicated as are these times," Díaz-Canel said. “I emphatically deny that this is neo-liberal plan against the people, nor a crusade against small businesses, nor an elimination of the basic market basket” that Cubans can get with government coupons.

Prime Minister Manuel Marrero Cruz said that because of economic problems, the government will have to raise prices for gasoline, electricity and gas, or reduce the amount of food and other basics contained in government ration books.

The remarks came in appearances at the closing sessions of Cuba’s National Assembly of People’s Power, effectively Cuba’s congress.

Read full story on ABC News
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