Economy of Cuba - Poverty

Poverty

Typical wages range from factory worker's 400 non-convertible Cuban pesos a month to doctor's 700. That is around 17-30 U.S. dollars a month. However, the Human Development Index of Cuba still ranks much higher than the vast majority of Latin American nations. After Cuba lost subsidies in 1991, malnutrition resulted in an outbreak of diseases and general hunger. Despite this, the poverty level reported by the government is one of the lowest in the developing world, ranking 6th out of 108 countries, 4th in Latin America, and 48th among all countries. Pensions are among the smallest in the Western hemisphere at $9.50. In 2009, Raul Castro increased minimum pensions by 2 dollars, which he said was to recompense for those who have "dedicated a great part of their lives to working... and who remain firm in defense of socialism".

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Famous quotes containing the word poverty:

    For all of them have contributed out of their abundance; but she out of her poverty has put in everything she had, all she had to live on.
    Bible: New Testament, Mark 12:44.

    Jesus watching the widow contribute her two mites.

    Where justice is denied, where poverty is enforced, where ignorance prevails, and where any one class is made to feel that society is in an organized conspiracy to oppress, rob, and degrade them, neither persons nor property will be safe.
    Frederick Douglass (c. 1817–1895)

    There is but one love of Jesus, as there is but one person in the poor—Jesus. We take vows of chastity to love Christ with undivided love; to be able to love him with undivided love we take a vow of poverty which frees us from all material possessions, and with that freedom we can love him with undivided love, and from this vow of undivided love we surrender ourselves totally to him in the person who takes his place.
    Mother Teresa (b. 1910)