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Latin Times
Latin Times
World
Agence France-Presse (AFP)

Cuba's 500% Fuel Price Rise To Take Effect Friday: Government

Cuba Granma
Drivers queue to fill their tanks at a petrol station in Havana, on January 31, 2024. (Credit: AFP)

A 500 percent fuel price hike will take effect in Cuba this week, a month later than initially planned, the government of the cash-strapped island nation said Wednesday.

Finance Minister Vladimir Regueiro announced via government mouthpiece Granma that the higher prices will enter into force on Friday, March 1.

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