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Kyrgyzstan: Savings Protest Planned Today

Bishkek, 17 December 1996 (RFE/RL) -- Another rally is planned today in Bishkek by people who lost savings in the collapse of Kyrgyzstan's state banks.

The rally's organizer, Topchubek Turgunaliev, says protesters will demand President Askar Akayev sign a law passed in the Legislative Assembly in October. TurgunAliyev is the chairman of the organizing committee of the country's new opposition movement "For Deliverance from Poverty."

Under the law, the government should restore, over a 10-year period, the lost savings of people who had deposited their money in state banks. The law would require tens of millions of dollars each year, but the government says it can only allocate a fraction of the amount needed.

The first big rally by those who have lost savings was staged in September.