HAVANA – The Cuban government has announced that it is cutting prices of some basic foods by 20 per cent in state-run stores.
The reductions taking effect Friday address widespread complaints that state employees earning about $25 a month cannot afford many staples, including rice and cooking oil.
In an announcement on the state-run nightly news, the government said goods like chicken and cooking oil will be cut in stores that accept the convertible peso, a currency equivalent to the dollar. Those goods still remain out of reach for many Cubans. A litre of soy oil still costs nearly a tenth of the monthly salary.
Staples like rice and beans available in Cuban pesos, worth 4 cents each, will also drop.