Cuba has postponed a significant increase in gasoline prices, originally set for February 1, due to a cyberattack, as stated by Economy Vice Minister Mildrey Granadillo. This decision was made public mere hours before the planned hike was to be implemented. The cyberattack targeted the computer systems responsible for fuel marketing, traced back to a foreign virus. This delay follows a series of measures announced by Cuba in late December, including price hikes in fuel and public transport, aimed at addressing the country’s growing fiscal deficit. Critics have questioned the timing and effectiveness of these policies, labeling them as inflationary and lacking in domestic production incentives. Despite the postponement, the government remains committed to the necessity of these measures in tackling the ongoing economic crisis. Meanwhile, concerns over fuel shortages and their impact on power generation persist, exacerbated by recent widespread power outages on the island.
Additionally, Cuba’s Banco Metropolitano reported earlier difficulties in electronic payments and services, though it’s unclear if these issues are related to the cyberattack. The decision to delay the fuel price hike comes amidst growing anxiety among Cubans, particularly those reliant on state salaries, who fear the significant financial strain it would impose. The postponement has been welcomed by many, with some expressing relief over the temporary reprieve from the impending price surge.
