AREQUIPA, Peru – Just 48 hours after the Cuban government reactivated the controversial price cap on several basic products, the official press surveyed readers on the island about their experience with the application of the measure.
This resolution, promoted by the Ministry of Finance and Prices, sets maximum retail prices for six basic products, mostly food, with the alleged purpose of curbing rising inflation on the island.
Most opinions on the price cap were negative, highlighting the immediate impact of the regulation on the scarcity of capped products and the increase in the value of others.
“After the price caps, chicken has been lost and where there is, the price has increased. The other prices, oil, powdered milk, etc., which were previously lower, have now risen to the cap imposed by the state. The elbows that used to cost 350 CUP/500g are now at 400 CUP, nothing good happens when prices are capped. It has already happened and we are still in the same situation,” he told the state. Cubadebate a user identified as Villa.
“Super tall [los precios]not at all affordable for the pocket of the worker who sacrifices so much,” exclaimed Tomás Diaz, another Internet user.
“There is no more chicken or oil in any store, they hid them and sell them for more on the street,” said a Cuban with the pseudonym “El Explotao.”
“The problem is that the price caps are higher than before. That is to say, SMEs now have the opportunity to raise the price of their products even more. It is a lack of respect for the common working people and the poor retirees whose salaries are not enough for anything. No measure issued by the Government benefits the working people,” lamented Bert, a netizen.
“A very bad experience. I was forced to buy oil for 940 pesos a liter, now it is 990 pesos. What a disaster. I am shocked that those who wrote the resolution have never gone to buy anything. They should go out on the street to see how much suffering is suffered,” said user Idania.
The measure in question, published in Official Gazette No. 61, establishes price limits for cut chicken, edible oils (excluding olive oil), powdered milk, pasta, sausages and powdered detergent.
The state press described this measure as “temporary” and confirmed that the “affected” products will be exempt from paying customs duties. According to the resolution, economic actors will be able to recognize up to a 30% profit margin on costs and expenses in the formation of retail prices, provided that they do not exceed the established prices.
This reimplementation takes place in a context of severe economic crisis in Cuba, the most serious in 30 years. With a national minimum wage of approximately six dollars at the informal exchange rate, inflation has significantly eroded the purchasing power of Cubans since 2021, a situation that was aggravated by the implementation of the Ordering Task.
Follow our channel WhatsApp. Receive the information from CubaNet on your cell phone through Telegram.
2024-07-12 09:43:59
#Cubans #respond #official #survey #price #caps