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Buying coke Bayamo

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Buying coke Bayamo

Home : Business. Experimenting with the peso: One town's experiment gives Cuban peso real value. An experiment in the eastern city of Bayamo is letting average government workers enjoy a few things only foreigners and monied Cubans usually can afford: a good burger, a kicking jazz bar and stiff cocktails. But in Bayamo the central government has made a special effort to support peso businesses, giving the lowly currency actual buying power. Along the stylish pedestrian mall known as 'Paseo' or 'The Boule-vard', six blocks of restaurants, barber shops, ice cream parlors and department stores give Cubans a taste of tourist life at local prices. Jazz bands jam for free until 2 a. A s-style diner serves up tasty meatball sandwiches for about half a peso - the equivalent of three cents - and four scoops of the richest ice cream in Cuba for about the same price. The music is good. The cocktails are strong,' said Ernesto Aldana of the Piano Bar, where the Cuba Libre - copious rum pours with ice and splashes of cola and lime - costs 4. Cuba has had two currencies since the collapse of the Soviet Union wrecked its economy and spurred its turn to tourism. Tourist businesses took United States US dollars and charged US prices, while the peso was maintained for everyday transactions. The convertible peso, also called hard currency, was born around the same time, but took on its current value in , when the government banned the use of the US dollar. But so far, nothing has changed under Raul Castro, who took over as president from his ailing brother, Fidel, earlier this year. Cuba's government, historically has chosen provincial areas to test potential economic policy changes. In Bayamo, a city of , and the capital of Granma province, leaders of the regional Communist Party began expanding peso businesses in And the programme only took shape after Bayamo communists asked central government planners for special autonomy and won the right to sell regionally-produced items, such as rum, seafood, beer, yogurt, beef, ice cream and cheese to local residents, rather than shipping them elsewhere on the island. If we make it in Granma, we should be selling it in Granma,'' Alonso said. However, rising global commo-dity prices have made Bayamo's government subsidies more costly, while hurricanes Gustav and Ike in recent weeks dealt serious blows to Cuban food production. The government recently ordered all provinces to contribute more food to all parts of the country and reduce Cuba's dependence on foreign imports, said Humberto Rondon, technical director for production at a state cheese and ice cream factory outside Bayamo. In Granma's case, officials will now have to ship about 80 per cent of its cheese to points elsewhere in Cuba. There are ordinary peso businesses all over Cuba, but the pro-ducts are shoddy and service is mediocre. Shortages of everything from potatoes to pasta mean most of the dishes listed on peso restaurant menus are not available, while peso stores have long lines of customers for mismatched inventory on largely empty shelves. Contrast that with Bayamo, where the raw juice bar offers freshly squeezed mango or papaya juice for the equivalent of less than a nickel. The fully stocked dairy stays open until 11 p. But here you can,' said Vilna Lopez, who rents rooms in her home, three blocks from Paseo. Out-of-towners even brave long bus rides to spend their pesos in Bayamo. But, the Bayamo experiment is too expensive to work on a larger scale. And it has not done enough to soften the sting of the dual currency system for many. Ana Luisa Gonzalez earns pesos a month as a street sweeper on Paseo. Her son works at a tampon factory. A portion of his pay comes in convertible pesos. One large block of cheese is 80 pesos.

Buying coke Bayamo