Belfast Telegraph

UK Website Of The Year

Home News World

Cuba cuts prices of foods beyond reach of state workers

Cuba is cutting the prices of some basic foods by 20% following complaints that many staples including rice and cooking oil are too expensive for the communist state's poorly-paid workers.

The reductions from Friday address widespread complaints that state employees earning about 25 dollars (£17.40) a month cannot afford the products.

In an announcement on the state-run nightly news, the communist government said prices of goods like chicken and cooking oil would be cut in stores that accepted the convertible peso, a currency equivalent to the dollar.

But those goods still remain out of reach for many Cubans - a litre of soya oil still costs nearly a tenth of their monthly salary.

Prices of staples such as rice and beans available in Cuban pesos, worth four cents each, will also drop.

Read More

Popular

From Belfast Telegraph