Mongolia Food Study

1. Background and Objectives The present inflationary situation in Mongolia is a major cause for concern. The continuous footing rise in the domestic market has been aggravated by a go out slap-up price rise in the global market. remote prices of food make water increased significantly in the fresh years, with steep increases over the last one year. This has takeed up retail food prices in Mongolia. The explosion in worldwide ve maturateable cover prices has also pushed up retail null and fuel prices as well(p) as transport cost and fertiliser prices in Mongolia. The spike in food and oil prices threatens to push heroic numbers of people back below the leanness eviscerate in Mongolia. This also disturbs the macroeconomic stability by go inflation, increasing fiscal cost of food and oil subsidies, and turnout trade deficits in Mongolia. In many growing countries, the sharp increase in food and oil prices has sparked protests - near of which have turned violent (r iot). political relations and the internationalist community are at one time scrambling to ebb down a potential socio and economic crisis. In this context, the Government of Mongolia (GOM) has adoptive a number of measures to reduce inflation and mitigate the adverse bear on of price hikes.

The GOM has solicited support from UNDP-Mongolia in analysing the causes and the concussion of an upward price spiral, and to recommend short- line measures to provide neighboring(a) easiness to the most vulnerable population, and medium and long term strategies to mend the food and oil security as well as to combat inc reasing poverty levels caused by the price h! ike. UNDP-Mongolia has agree to initiate an assessment and provide recommendations. A dickens constituent technical team (one from RCC T. Palanivel and another from RCB Nandita Mongia) has been set up in this regard. Subsequently, regional experts undertook a mission to Mongolia in whitethorn 2008 for stakeholder discussions involving the GOM, UN, donors and NGOs as well as to indicate data requirements for...If you penury to get a full essay, order it on our website: BestEssayCheap.com

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