Friday, 26 September 2014

No money left for Mongolia's poor


Despite an economic boom, lack of forward planning means many of the country's most vulnerable families are struggling.

Families in Mongolia receive around $11 a month from the government for each child - not enough to cover food bills in a country suffering from rising prices and currency depreciation. It means families like Altanzul's are living a hand-to-mouth existence, unable to save or make any provision for the future.

This is symptomatic of a wider problem with Mongolia's attitude towards its sudden prosperity, economist Batsuuri Haltar told Al Jazeera.

read more on the link below

http://www.aljazeera.com/indepth/features/2014/09/no-money-left-mongolia-poor-20149913248315969.html

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