Cuban Prime Minister Manuel Marrero promised in the Cuban Parliament on Tuesday that stores in Freely Convertible Currency (MLC), such as the well-known TRD, would take “measures” in response to popular demand to lower their high prices.
The government official acknowledged that products in MLC stores can be more expensive than in small and medium-sized enterprises (Mipymes) and He excused himself by saying that “they are not imported from the same countries”“.
All this, when ordinary Cubans know that most of the products imported by both state-owned hard currency stores and SMEs come mostly from Spain and from chains such as Mercadona, Hiperdino, Spar, etc.
The shelves of Cuban grocery stores, the MLC stores are full of classic items from the Dinosol brand, from the Canary Islands, Spain, something that was even echoed in the Canary Islands press.
However, Marrero Cruz assured the government that the TRDs (former foreign currency collection stores, currently only Tiendas Caribe) will take measures to improve the situation of these “high prices.”
MLC stores in Cuba and their high prices. When will they reach their limit?
Marrero explained that the recent price cap imposed on six basic products, such as oil, chicken, powdered milk, etc., was a measure that sought to avoid a sustained increase in costs. Because now oil was below a thousand pesos, but next month they might raise it to 1,500 and now they cannot do so by decree.
As for the self-management of establishments, he pointed out that this has led to an increase in state prices when the supplier is an SME, and stressed that the administration of each location is a determining factor in this situation.
Regarding the basic basket, he said once more that the government has “faced difficulties” in keeping it stable over time, due to the lack of financing.
Did you know that there will be a new module that will be sold through the ration book in Cuba? Read this article regarding it.
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