Fuel prices increase almost 500% in Cuba as part of a drastic adjustment plan. Electricity rates are also increased.
The government seeks to reduce the deficit. But more inflation is feared. The island also, for the first time, asked the UN for help due to the milk shortage. The Cuban Executive announced by surprise last December a major adjustment plan with the objective of "correcting distortions" That has generated great controversy in the country due to difficult situation in which the vast majority of Cubans live.