What’s in store for 2024

During his speech before the National Assembly of People’s Power (ANPP), Prime Minister Manuel Marrero Cruz announced measures that show the deep crisis of the Cuban economy and, therefore, experienced by the vast majority of citizens.

Although he addressed the entire universe of national reality, I summarize the specific details with decisions already taken and shown below. But, unless we are dealing with a chapter-by-chapter delivery, there is no clear plan in this speech to get us out of the quagmire.

Below are the specific points to be released in 2024 that directly affect citizens:

  • The announced measures range from the price of electricity, which will increase by 25% for those who consume more than 500 kW/h.
  • The non-metered water service will increase from 7 to 21 pesos per cubic meter.
  • The price of the gas cylinder will rise from 180 to 225 Pesos for 10 Kgms; and at 1,014 pesos for 45 kgms.
  • The fare for reduced public transportation will also be increased, but its estimate has not been published, as has the announced increase in the price of tobacco and cigarettes.
  • The price of fuel, both for retailers and wholesalers, will increase and “will take as a reference the sales price in the region, applying the official exchange rate.” Tourists will pay in foreign currency and will have a network of service centers.
  • The exemption from tariffs on the importation of food and hygiene by natural persons will be maintained.