Economist Javier Pérez Capdevila criticized the current economic situation in Cuba, specifically regarding salary hikes and inflation.
1 report, 1 independent
Updated Jul 27
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What happened
Economist Javier Pérez Capdevila criticized the current economic situation in Cuba, specifically regarding salary hikes and inflation.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Cuban government policy sets salaries, resulting in a decline in purchasing power.Sub-event
- Cuba's government mandated salary increases for public sector employees on July 1.Sub-event
Economist Javier Pérez Capdevila criticized the economic issues in Cuba, including salary hikes and inflation.1 source
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The entities involved
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Cuba
sovereign state situated on an island in the Caribbean Sea
Related events
- Cuban government introduced economic measures leading to currency devaluation.
- Foreign Minister Bruno Rodríguez discussed Cuba's ongoing economic challenges.
- Independent economists proposed a policy roadmap for Cuba's future, analyzed by academic groups including the Harvard Working Group.
- Provincial government in Matanzas intervened to cap price hikes on essential goods.
- Economic models of Cuba and Colombia are being contrasted in recent analyses.
Coverage
Newest first; wire copies grouped- cubaheadlines.comCuban Economist Criticizes New Minimum Wage as "Monetary Illusion" Amid Soaring Costs