Friday, September 15, 2006

Buy now, pay later

The Castro regime signed a deal in Havana today with a large Malaysian computer manufacturer, Mimos Smart Computing, involving the purchase of 30,000 new computers worth $US 10 million.

But the new computers will not be available to ordinary Cubans, according to a report by the Malaysian news agency, Bernama. Instead, the PCs will be distributed to “government offices”, which supposedly include schools and hospitals.

The purchase is financed with credit from the Exim Bank of Malaysia, which should be a great concern to its shareholders, given the Castro regime’s woeful record of defaulting on its debts.

You can read the report here.


Post a Comment

<< Home