Cuba Cuts Some Food Prices, Responding to Public Complaints

Cuba Cuts Some Food Prices, Responding to Public Complaints
By THE ASSOCIATED PRESS HAVANA — Apr 21, 2016, 8:34 PM ET

The Cuban government has announced that it is cutting prices of some
basic foods by 20 percent in state-run stores.

The reductions taking effect Friday address widespread complaints that
state employees earning about $25 a month cannot afford many staples,
including rice and cooking oil.

In an announcement on the state-run nightly news, the government said
goods like chicken and cooking oil will be cut in stores that accept the
convertible peso, a currency equivalent to the dollar. Those goods still
remain out of reach for many Cubans. A liter of soy oil still costs
nearly a tenth of the monthly salary.

Staples like rice and beans available in Cuban pesos, worth 4 cents
each, will also drop.

Source: Cuba Cuts Some Food Prices, Responding to Public Complaints -
ABC News -
http://abcnews.go.com/International/wireStory/cuba-cuts-food-prices-responding-public-complaints-38586080