Skip to Content

Shortages, inflation frustrate Cubans struggling to get by

KTVZ

By ANDREA RODRÍGUEZ
Associated Press

Grocery shopping has become an increasingly costly and arduous struggle for many people in Cuba. The pandemic, inefficient production, government controls and U.S. economic sanctions have aggravated an economic crisis. A drastic drop in crucial tourism income caused by COVID-19 helped spur the government last year to adopt reforms it had long considered. Those included elimination of an inefficient dual currency system . But adoption of a single currency for all, along with shortages, led within a few months to sharply increased prices for many goods that weren’t matched by the simultaneous rise in salaries.

Article Topic Follows: AP National Business

Jump to comments ↓

Associated Press

BE PART OF THE CONVERSATION

KTVZ NewsChannel 21 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content