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".
Read more about this topic: Economy Of Cuba
Famous quotes containing the word poverty:
“The common argument that crime is caused by poverty is a kind of slander on the poor.”
—H.L. (Henry Lewis)
“Better to go from poverty to riches than from riches to poverty.”
—Chinese proverb.
“It was not important that they survive.
What mattered was that they should bear
Some lineament or character,
Some affluence, if only half-perceived,
In the poverty of their words,
Of the planet of which they were part.”
—Wallace Stevens (1879–1955)