Egypt poverty rate decreases for 1st time in 20 years: official statistics body
Published 03 Dec,2020 via Daily News Egypt - The Central Agency for Public Mobilization and Statistics (CAPMAS) has revealed that Egypt’s poverty rate has declined for the first time since fiscal year (FY) 1999/00.
In the latest divs released by the agency, the country’s poverty rate declined to 29.7%, compared to 32.5% in the study of income and spending for FY 2017/18.
The results were revealed during a speech by CAPMAS head Khairat Barakat at a press conference in the presence of Prime Minister Mostafa Madbouly and a number of ministers.
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Daily News Egypt