The United Nations Development Program (UNDP) Wednesday called on rich countries to increase support to Bangladesh as the country struggles to cope with global price hike.
UNDP quoting its Administrator Kemal Dervi who wrapped up a three-day visit to Bangladesh Monday issued the call simultaneously from Dhaka, New York and Bangkok, an official of the UN system here said.
During his trip, Dervis met with high-level officials, including leading economists and discussed international commodity price hike and their consequences for the poorer, food importing countries of the world, like Bangladesh.
A UNDP release Wednesday said rising food prices are a big concern for most people in Bangladesh, where roughly 40 percent of the population lives below the poverty line, and poor households spend nearly 70 percent of their income on food items.
The situation in Bangladesh is exacerbated by food shortages resulting from two devastating floods and Cyclone Sidr last year.
Source:Xinhua
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