When making a preliminary assessment of the measures that, in the financial order, have been adopted to revive the Cuban economy, the head of Finance and Prices, Vladimir Regueiro Ale, assured that all actions – generally linked to price issues – contribute to reduce the fiscal deficit.
In the Mesa Redonda television program, the minister announced that 50 requests have been received, mainly for forms of non-state management, after reducing tariff rates for the import of inputs and raw materials for productive processes by 50%.
The impact of the measure, he said, is that there has been an adjustment of more than five million in reduction of the tariff, and the generality has been linked to food production.
Regarding the increase in the electricity rate according to consumption, he appreciated that there has been an understanding by the customers themselves.
Regarding other projections, he mentioned the update of retail fuel prices. “This has placed us in a parity, in a similarity of the price of this fuel, which was also accompanied by an update or the enabling of a network for marketing in foreign currency.”
Regarding the update of retail prices for cigarettes, Regueiro Ale argued that it has had an influence in two spaces: first, in the regulated market, which is guaranteed with this distribution through warehouses, that is, the retail trade system. .
The most recent measure, he said, is a readjustment of the retail rates of all natural and traditional medicine products; The effect of which has been a reduction in general financing at all previously subsidized prices of the program, and this has allowed a mobilization of resources that is aimed at the people who really require it.
