State-owned industrial company for information technology, communications and electronics (Gedeme), Laptop sells for 90,000 pesos eachAs per the information disseminated on its own website.
The product was promoted through a Facebook post by the same company. There, many users came up against the outrageous price: “Someone living on a salary can’t even dream of buying it,” Ruben Danczows Abrahantes reported. At the same time, Roxana Hernandez Feijoo said: “Isn’t that the price for Cubans? You would have to rob a bank.”
For his part, Royland Perez Reyes commented: “Not that GDM (computer brand) was the most popular for these prices. Do they criticize capitalism? When capitalism sells you this socialism 1,000 times cheaper. Who’s the bad guy?”
With an average salary of less than 4,000 pesos, an ordinary Cuban would have to save about 24 monthly payments to be able to access a product sold as “national”.
Taking into account the rate established by the Cuban government’s Exchange Houses (CADECA) for this Monday, May 15 (one dollar is sold to the population for 123.6 pesos), 90,000 pesos equals 728 dollars. This price is also not anchored to a product description: GEDEME sells these computers on its website without explaining what are their benefits and technical features.
To make matters worse, you can read a red “offer” notice in the corner of the photo announcing the computer above.
These types of prices are common in Cuban institutions. State monopoly, in May 2021, at the Carlos III store in Havana ETECSA sold cell phones for up to $684 and with only a three-month warranty. GEDEME itself sells a mobile phone for 16,537 pesos. To achieve the latter, a specialist doctor would need to use his salary for three months (5,500 pesos), and forget to eat and meet his other needs during that time.