CUBANET ... CUBANEWS

October 19, 2001



FROM CUBA

Cuban economy stumbles

Lucas Garve, CPI / CubaNet

HAVANA, October - The recent slowdown in the engine of the Cuban economy, tourism, has had a domino effect throughout the rest of the economy.

The up to 60 percent decrease in visitors has meant closed floors in hotels and idled workers, who do not lose their jobs, but are sent home at 70 percent salary. That, however, doesn't tell the whole story. "I'm getting my salary at home, but I don't see any dollars. Without the tips, I don't earn dollars," said the driver of a tourist taxi.

People in the streets, who months ago spoke optimistically about the economic recovery, now speak of a return to 1993, the worst year of the so-called "special period."

Domestically, prices keep going up. Black beans are up 20 cents, to 6 pesos a pound; onions are up to 12 pesos a pound from 10. Fruits and vegetables are scarce and up a peso or two when they can be found.

The dollar, which in Cuba is necessary to acquire products not available in pesos, is up to 24 pesos. A month ago, it was 21 pesos to the dollar.

A passenger in the bus next to me told me some neighbors of his were toasting old bread to keep in tin cans against meagre times to come. It seems the few hopes harbored by Cubans have vanished.

In past years, around this time, people were looking forward to the festivities at the end of the year. Now, the forecast seems a lot gloomier.

Versión original en español


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