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September 3, 2024
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Closed businesses and cancelled projects: “price controls” impact Cienfuegos

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AREQUIPA, Peru – More than twenty forced sales of agricultural and basic necessities, the closure of six establishments in the non-state sector and the cancellation of 30 work projects are the result of the most recent “price control exercise” carried out by the Cuban regime in the province of Cienfuegos.

Inform the official press of the Island that the inspection action, carried out throughout the country, reached 590 fines in the 862 inspections carried out in Cienfuegos.

Alexander Brito Brito, coordinator of Programs and Objectives of the Provincial Government of People’s Power, said that the work teams identified 630 violations.

“With a focus on economic actors dedicated to transport activity and the marketing and services of food, during the work days we received and attended to 56 complaints and five reports. There were also actions to confront illegals and in several territories we identified minors exercising self-employment“, the official stressed.

Based on the non-compliance with Decree Law 30, the fiscal action has collected an amount greater than one million pesos in Cienfuegos, especially in the municipalities of Aguada de Pasajeros, Rodas, Santa Isabel de las Lajas and the provincial capital.

On a positive note, Brito Brito highlighted that “an increase and acceptance by the inspected economic actors of the use of electronic payment channels” was observed.

However, many people are evading the law, especially when it was found that “in the face of an alarming trend, some decided to close their businesses during the working days.”

On July 8, Resolution 225/2024 of the Ministry of Finance and Prices came into force, setting maximum costs for the retail sale of cut chicken, edible oils (except olive oil), powdered milk, pasta and powdered detergent.

The Ministry of Finance and Prices (MFP) in Cuba The government recently reported that between August 17 and 23, 58 seizures and 773 forced sales were carried out due to “detected violations.” The measures, focused on non-state actors such as MSMEs, are part of what the regime describes as “actions of confrontation” and “popular control.”

The event happened at the stipulated measures in Resolution 225/2024 of the MFP, with which the Castro government capped the prices of several high-demand products in the country’s retail network, made up mainly of MSMEs.

Since last Monday, July 8, the Cuban Government reactivated the controversial measure of price cap to several basic products, a week after it was temporarily suspended. The resolution is supposedly intended to curb rising inflation on the island.

Those affected, Cubans who live off their salaries, which are not enough to afford basic foodstuffs, said that prices remain high, but since the implementation of the measure, many products have disappeared from private businesses such as SMEs and the State does not guarantee them.

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