Egypt Headlines

Egypt’s poverty rate falls by 29 per cent, first ever in two decades

Egypt’s poverty rate has shrunk by 29.7 per cent for the first time in two decades. The fall was revealed by the Central Agency for Public Mobilization and Statistics (CAPMAS) based on fiscal year 2019/2020, Arab Finance reports. Poverty line in Egypt, according to the agency, is defined as anyone with a monthly income of […]