HAVANA TIMES, Dec 13 — Orlando Lugo Fonte, the president of the National Association of Small Farmers (ANAP), revealed today in an interview with the Granma newspaper that the country has still not paid between $2.5 million and $3 million owed to its farmers.
According to the official, work is being done to set up new policies and procedures for the procurement of agricultural produce. These modifications will come into effect in 2012 and will stipulate the prices of contracted products.
The problems in contracting, accounts receivable and accounts payable are not new to the Cuban economy. Nonetheless, the situation has improved over previous years, where there were cases of debts of around 50 million pesos ($2 million USD) a month, said the farm leader.