Posted 3/3/2024, 8:44:04 PM
Cubans Face Soaring Petrol Prices and Mounting Hardship
- Petrol prices in Cuba have risen 500% since Friday, causing great concern among Havana residents
- The price hike is part of the Communist government's economic stabilization plan to address its fiscal deficit
- Cubans worry they won't be able to withstand this latest economic blow after years of crisis
- Long queues and hours-long waits to fill up with petrol have become the norm in Cuba
- With average wages only $16/month, Cubans face ongoing hardship from inflation and rising malnutrition
