leche en polvoHAVANA TIMES — In an effort “to gradually give more value” to Cuban salaries, the government announced Monday it would drop the price of 0.5 kg of powdered milk by 9 percent to 2.65 CUC (around 3.00 usd).

An average Cuban professional can now purchase around four kilos of milk with their entire monthly salary.  The new price takes effect today.

The government, which has a monopoly on imports and retail sales at supermarkets and other stores, also lowered some other prices in April and said more price relief was on the way.

The price of children’s shoes at the State stores also dropped by around 6% as of Tuesday.

Price mark-ups at the government stores are usually up to 240%.  The government traditionally justifies the high prices saying it uses the profits to help fund its educational and health care programs.

The Ministry of Finances and Prices said the lower prices, “express the political will of the Communist Party and government to benefit the population, especially children and the elderly.”

20 thoughts on “Cuba Gov. Drops Price on Powdered Milk

  • May 24, 2016 at 9:01 pm

    That dreary weary excuse for incompetence has been used by the Castro family regime for fifty five years. I repeat, there is no intention and no plan to increase the incomes and living standards of the people of Cuba.

  • May 22, 2016 at 11:00 pm

    This is about Cuba. The internal affairs of the US are irrelevant.

  • May 22, 2016 at 10:57 pm

    Yes Ken, it is possible to go to school or to a doctor without paying a fee in most Western European countries and in Canada. In Cuba, 10.9% of the GDP goes towards education, in the USA 5.6%, but the USA boasts 7 of the top ten rated universities in the world. It was the purpose of Dr, Ernesto Guevara to educate youth into becoming a ”mass” as “to think as an individual is criminal.”
    Interpretation of the word “education” varies. In the free capitalist world, students are encouraged to think as individuals, to question and to debate. That is in direct contrast to education in Cuba where the most important facet of education is to install “respect”.
    Respect for authority, respect for the Communist Party of Cuba and respect for the Castro family dictatorship – hence the regime’s “investment” in “education”.

  • May 19, 2016 at 1:44 pm

    The story is a little bit more complicated (I have this from a friend).
    She was in December 2015 in Santiago and the family’s refrigerator was acting up. No repair possible.
    She went all over the city to try to buy a refrigerator. She even tried Revolico. Nothing to be had.
    Finally she asked her husband to look online. He only could find the Mexican refrigerator online in Camaguey at the price mentioned.
    Today the “Carlos Tercero” online store in Santiago still isn’t offering refrigerators except one at a whopping

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