A second distortion, related to fuel, “we have been facing for a few years, but it has become more visible. The population itself mentions it, it is in the opinions states. Can this country maintain these fuel prices, which are probably the lowest in the world compared to the prices of other countries, and also when compared to the prices of foreign currencies in the Cuban informal market?
He pointed out that it is “an issue that we must also review, because it has to do with the fuel shortage that the country faces and what it costs to maintain a level of supply that, obviously, cannot be sold subsidized.”
According to the minister, one of the main problems that the economy has “is that what it sells does not cover the costs of replenishment. If you buy fuel and sell it cheaper than it cost you, how do you buy the boat that comes behind?”
It is fuel that is purchased with foreign currency in the external market, sold at a low price in national currency, “and we still do not have an internal convertibility mechanism that ensures that, with those Cuban pesos, dollars can be purchased and the fuel can be imported again. .
“The population, and ourselves, have addressed it in the spaces for debate that we have. How long is that sustainable? And who pays for it? An element that we have to introduce into the conceptual and practical debate on measures is that nothing has zero cost. "The fuel issue is one of the situations that requires a solution."
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