Cuba slashes state-subsidised soap
- Submitted by: manso
- Business and Economy
- 12 / 30 / 2010
The Cuban government slashes state-subsidised soap from ration books.ap On Wednesday December 29, 2010, 3:16 pm. HAVANA (AP) -- Suds will no longer be quite so subsidized by the state in Cuba.
The government says it is cutting "personal cleanliness products" from its monthly ration books, effective Jan. 1. Soap and toothpaste follow a string of other products slashed from the ration book.
Cubans currently pay about 25 centavos for a rationed bar of soap. That's about a penny. The Official Gazette released Wednesday says they'll soon have to fork out four to six pesos.
Under recent cost-cutting measures, the government dumped cigarettes, salt and potatoes from the ration books that islanders rely on for a small supply of basic goods.
The ration program began in 1962 as a temporary measure in response to the U.S. embargo.
Source: http://finance.yahoo.com/news/
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