Snappy newsletters. Simple Facebook sharing. Spirited comments. Sweet features are waiting… GET THEM NOW!

Castro Calls for More Work, Less Welfare

Cuban president cuts worker subsidies to shore up struggling economy

By Wesley Oliver,  Newser Staff

Posted Dec 28, 2008 4:30 PM CST

(Newser) – Saying Cuba’s finances “don’t square up,” President Raul Castro called for belt-tightening measures in the wake of three hurricanes and a global recession that have hobbled the communist nation. The state plans to dole out fewer worker subsidies, halve the number of overseas trips, and halt costly programs that reward workers with free vacations. Cuba’s GDP experienced a slower-than-expected growth rate of 4.3% this year.

Cuba's President Raul Castro delivers a speech during the closing ceremony of the National Assembly in Havana, Saturday, Dec. 27, 2008.
Cuba's President Raul Castro delivers a speech during the closing ceremony of the National Assembly in Havana, Saturday, Dec. 27, 2008.   (AP Photo/Prensa Latina, Ismael Francisco)
Cuban President Raul Castro Castro lamented the economic effects of hurricanes Gustav, Ike and Paloma, which caused $10 billion in damages.
Cuban President Raul Castro Castro lamented the economic effects of hurricanes Gustav, Ike and Paloma, which caused $10 billion in damages.   (AP Photo/Alexandre Meneghini)
As Cuba prepares to mark the 50th anniversary of the Castro revolution, Raul Castro paid tribute to him as the person who has led us yesterday, today and always to victory and victory.
As Cuba prepares to mark the 50th anniversary of the Castro revolution, Raul Castro paid tribute to him as the person "who has led us yesterday, today and always to victory and victory."   (AP Photo/Javier Galeano)
« Prev« Prev | Next »Next » Slideshow

The accounts don't square up. You have to act with realism and adjust the dreams to the true possibilities. Two plus two always equals four, never five. - President Raul Castro, Cuba

« Prev« Prev | Next »Next » Slideshow
To report an error on this story, notify our editors.
A snapshot of the day's best news stories.
 
COMMENTS
Showing 2 of 2 comments
Shannonals
Dec 30, 2008 10:20 PM CST
Sounds like casto is planning on locking the Island down
Guest
Dec 28, 2008 8:52 PM CST
Cuba pays you if you go to work or you don't what do you expect. Communism doesn't allow for creativity and ambitions.

More Newser Stories

Cuba's 500K Layoffs a Sharp Capitalist Turn

Kinsley: Cuba Policy Hasn't Just Failed—It's Backfired

Castro Skips May Day Parade

Cuban Reforms May Endanger Classic US Cars

Jimmy Carter Lands in Cuba


NEWS FROM OUR PARTNERS
Other Sites We Like:   24/7 Wall St.   |   Betty Confidential   |   BuzzFeed   |   Cracked   |   Fark   |   Timelines   |   The Frisky   |   Geek Sugar   |   NewsOne