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Cuba Delays Five-Fold Fuel Price Hike To March 1

Cuba delays fuel price hike

Cuba has announced a rescheduling of its planned five-fold retail fuel price hike, which was initially set to take effect on February 1. The new implementation date for the price increase is now March 1.

This decision comes as a response to concerns raised by the public and various sectors of the economy regarding the potential impact of such a significant price hike on the population. The Cuban government has stated that the delay will allow for further evaluation of the situation and potential adjustments to mitigate any adverse effects.

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