Cuba Faces Economic Crisis as Fuel Prices Soar and Inequality Grows, While Tourism Offers Relief
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Fuel prices in Cuba set to jump 5 times higher in February, exacerbating economic crisis and 30% inflation. This will impact ordinary Cubans' cost of living.
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Price hike comes as Canada's peak tourism season begins; deals still make Cuba an affordable winter getaway for Canadians.
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Cuba needs dollars from tourism to import necessities amid worst economic crisis in decades, made worse by U.S. trade embargo.
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New gas stations accepting only U.S. dollars raise inequality concerns, as most Cubans paid in pesos.
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Visiting Canadians will see struggles of Cubans firsthand, though tourism operators say fuel price hikes unlikely to dramatically impact vacation packages.