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Home Cuba Economy Cuban Economy

Prices of cars without popular support

by
  • Raquel Pérez
    Raquel Pérez,
  • raquel.perez
    raquel.perez
August 11, 2014
in Cuban Economy
0

Six months after the prices of new cars rose by 800 percent, all Cuba dealerships have sold 50 used vehicles and not a single one brand new.

Thousands of doctors, artists, journalists and diplomats were left with the desire to buy a used car. Overnight their “letters” became worthless and prices increased by 500 percent.

Undoubtedly, this is one of the most unpopular measures. After 180 days of prices to skyrocket in the streets we didn’t find a single Cuban who supports this reform.

It hit all Cubans, those who had savings to purchase and to those who have no money today killed them the hope of having a car one.

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  • Raquel Pérez
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Punishing those who give us so much

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