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Jul 1, 2024 · The measures will bring the 2024 budget and goals in line with what the government refers to as a "war-time economy," according to a state-run media summary of a meeting of the Council of ...
Dec 22, 2023 · HAVANA — Cuba announced tough economic measures for 2024 that include raising prices for fuel and basic services, cutting subsidies and placing restrictions on the emerging private sector ...
Jul 1, 2024 · In a context rife with scarcity, shortages, public discontent, and no immediate improvement in sight, the Cuban Council of Ministers has announced new measures aimed at "correcting distortions and revitalizing the economy during 2024." This was revealed in their recent meeting, which, according to state media, monthly evaluates the country's situation with a focus on the economy.
- Hannah Aguilar
Jan 13, 2024 · Watch on. Cuba’s government has introduced economic measures for 2024 that include energy price hikes and subsidy cuts. Officials say the move is expected to improve the country’s economic performance.
Jul 2, 2024 · JUL 02, 2024 - 12:30 EDT. Cuban authorities, no longer able to disguise the situation, have assumed that the island is immersed in what amounts to “a war-time economy.”. In the midst of a crisis that has surpassed the so-called Special Period of the 1990s, the government of Miguel Díaz-Canel is now resorting to a new package of measures to ...
Dec 22, 2023 · On the verge of ending a year strongly marked by a lack of food and medical supplies as well as inflation, an unprecedented migratory wave and a generalized crisis that has affected the daily lives of Cubans, the government has announced a package of economic measures for 2024 that will make life more expensive for families on the island in the short term.
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Jul 8, 2024 · So far it is unclear when they will start going into effect, but some analysts believe that the measures could directly affect the so-called MSMEs, small and medium-sized businesses that were approved in 2021, when the government found no other option than to open up the private sector in the midst of a crisis that had deepened from the economic impact of the Covid-19 pandemic and the ...
