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Mongolians gather to protest rising food prices PDF Print E-mail
Monday, 21 April 2008
ImageUlaanbaatar was the scene of a Friday protest when 20,000 Mongolians voiced outrage over enormous jumps in the cost of basic foods. 

Organized by the Mongolian Confederation of Trade Unions, union president S. Ganbaatar told the crowd, "We demand that the government of Mongolia take concrete action to stop rising consumer prices which enrich a few companies and make lives of thousands of Mongolians unbearable."  

Ganbaatar said the cost of a 55-pound bag of flour, now selling for $21.40, had been only $7.70 four months ago.  

As a result of such price increased, the cost of a loaf of bread increased by 50 percent last week.

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