The Cuban government has postponed a more than 500% increase in the price of fuel scheduled for today due to a "cyber-security incident", according to First Vice Minister of Economy and Planning Mildrey Granadillo, who did not however, he specified the entry into force of the measure.
The South American press reports it.
"It has been decided to postpone the implementation of a government decision related to the update of fuel prices," Granadillo said, explaining that there had been "a cyber security incident" due to "a virus coming from abroad" .
The government, which subsidizes almost all services and basic goods consumed by Cubans, in December outlined a set of measures to reverse the economic crisis that has gripped the country for years now.
According to official estimates, GDP contracted by up to 2% in 2023, while inflation closed at 30%.
The authorities had announced the increase starting from February 1, with the price of a liter of petrol expected to increase from 25 Cuban pesos (0.20 dollar cents) to 132 (1.10 dollars), equal to a +528%, according to announced the Minister of Finance, Vladimir Regueiro.
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