News Stories
Rising Prices - Cambodia
02/06/2008 2:42 pm
‘Everyone’s talking about it – if you want an easy conversation starter right now in Cambodia, you just mention the rising prices. On the back of 11 per cent inflation, the price of meat and other goods has risen by as much as 40 per cent over the past year, with the price of rice – Cambodia’s most important staple – increasing more than 50 per cent in just the last three months.
While rising food prices are part of a global trend, they have hit especially hard in Cambodia, where some 35 per cent of the country’s 14 million people live on less than 25p a day.
Please pray for:
- calm in the current situation,
- for wise government policies,
- and for relief for those most in need.