Havana, May 9 (Prensa Latina) Cuba s president of the National Assembly of People s Power (Parliament), Esteban Lazo, congratulated on Sunday the mothers of the country in a message released here.
Cuban pensioners begin to receive an advance of their pensions
Cuban pensioners begin to receive an advance of their pensions
Havana, Dec 17 (Prensa Latina) About 1,700,000 Cuban pensioners as of Thursday begin to receive an advance on their pensions, which will be increased as part of the new monetary order that will come into effect on January 1.
With the elimination of the monetary and exchange duality, there will be a devaluation of the Cuban peso (CUP) that will have an impact on the rise in prices of goods and services, something that will be supported by the increase in people s incomes. In order to reach January with sufficient funds to assume the hike in prices, the Cuban government decided to advance 1,000 pesos of the total pensions and a week later, workers from all sectors and those who receive social security assistance will also receive this amount. After 2021 begins, minimum wages will increase to 2,100 pesos, while those above the minimum will rise according to a