Source: Madamasr
Author(s): Beesan Kassab
Original Link: https://madamasr.com/en/2019/09/04/feature/economy/austerity-measures-a-major-cause-of-poverty-increase-statistics-agency-advisor-says/
The results of a biannual government report on household finances published at the end of July show that Egypt’s poverty rate increased 4.7% to 32.5% of the population over 2017 and 2018, up from 27.8% in the previous 2015/2016 study. According to the report, officially titled the Income, Expenditure, and Consumption Survey, the poverty rate reflects the percentage of people unable to meet basic needs including food, shelter, clothes, education, health and transportation. The government set the poverty line at LE735.6 ($45) a month per individual.
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