12 small and medium-sized businesses closed for violating capped prices in Las Tunas.

One of the main violations detected, besides the price being above the established, was the concealment of goods.

Mipymes en Cuba © Periódico 26
Small and medium-sized enterprises in CubaPhoto © Periódico 26

The government of Las Tunas closed 12 micro, small, and medium enterprises (MSMEs) for violating the resolution that temporarily regulates the maximum retail prices in the marketing of six basic high-demand products.

The state-run Newspaper 26 reported that "in those 12 premises, the forced sale of the supplies they had in stock and were not selling was carried out."

Also, he pointed out that the most common violations detected included setting prices above the allowed limits, failure to use electronic payment channels, and hiding products subject to control. As a result, a total of 52 fines were imposed.

Facebook screenshot / Las Tunas Cuba Newspaper

The official news portal indicated that, through citizen complaints, it was verified that after the resolution was published in the Official Gazette of Cuba, some products, especially chicken, suddenly disappeared.

"In other places, they reported, its price exceeded the maximum indicated in legal regulations," highlighted Periódico 26.

However, the officialist website acknowledged that some self-employed workers have also contacted the editorial staff to express their concern, as the quoted price did not allow them to cover the cost at which they had previously purchased the chicken, an issue that has not been considered by the regime that implemented the measure without taking into account aspects such as the investment.

Finally, the regime used the newspaper as a spokesperson to promote different communication channels to report violations of the resolution that regulates prices, and invited citizens to use them, referring to the old practice of denunciation as "popular control."

Last Thursday, the regime shut down 15 small and medium-sized enterprises that had irregularities in their accounting.

Judith Navarro Ricardo, legal specialist from the National Office of Tax Administration (ONAT), revealed that poor accounting practices have been detected, such as classifying equipment purchases as direct expenses instead of inventory, which artificially decreases the company's profit.

Also in recent days, it began to fine non-state forms of the economy that violated the capped prices imposed on six essential items.

However, recently, the Council of Ministers approved six decree-laws, which they will present to the Council of State, where they update the legal provisions for micro, small, and medium-sized enterprises, self-employed workers, and private sector businesses in Cuba.

"Unlike what the enemies of the Revolution say, this is not a crusade against micro, small, and medium-sized enterprises or against non-state forms of management. These are policies approved at the Congress of the Communist Party," said Manuel Marrero, Prime Minister of Cuba, about the new decrees.

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