SODIC, Marriott International to debut Tribute Portfolio brand in Egypt with 2 new hotels    ASALDI Properties completes 1st phase sales of Shades commercial project in New Cairo    New Development Bank pledges support for Egypt's development goals    Gaza death toll rises to 37,164, injuries hit 84,832 amid ongoing Israeli attacks    Egypt's Water Research, Space Agencies join forces to tackle water challenges    Egypt, Equatorial Guinea strengthen cooperation in security, trade, infrastructure    Egypt hosts first New Development Bank international forum in New Administrative Capital    EGX closes green on June 11    BRICS New Development Bank forum opens in Cairo    ECB needs to keep economy in check – Lane    New Zealand excludes farming from carbon pricing plan    BRICS proceeds with national currency payment system    Turkey fines Google $14.85m over hotel searches    Egypt supports development of continental dialogue platform for innovative health sector financing in Africa: Finance Minister    Egypt's Labour Minister concludes ILO Conference with meeting with Director-General    BRICS Skate Cup: Skateboarders from Egypt, 22 nations gather in Russia    Pharaohs Edge Out Burkina Faso in World Cup qualifiers Thriller    Egypt's EDA, Zambia sign collaboration pact    Madinaty Sports Club hosts successful 4th Qadya MMA Championship    Amwal Al Ghad Awards 2024 announces Entrepreneurs of the Year    Egyptian President asks Madbouly to form new government, outlines priorities    Egypt's President assigns Madbouly to form new government    Egypt and Tanzania discuss water cooperation    Grand Egyptian Museum opening: Madbouly reviews final preparations    Madinaty's inaugural Skydiving event boosts sports tourism appeal    Tunisia's President Saied reshuffles cabinet amidst political tension    Instagram Celebrates African Women in 'Made by Africa, Loved by the World' 2024 Campaign    Egypt to build 58 hospitals by '25    Swiss freeze on Russian assets dwindles to $6.36b in '23    Egyptian public, private sectors off on Apr 25 marking Sinai Liberation    Debt swaps could unlock $100b for climate action    Financial literacy becomes extremely important – EGX official    Euro area annual inflation up to 2.9% – Eurostat    BYD، Brazil's Sigma Lithium JV likely    UNESCO celebrates World Arabic Language Day    Motaz Azaiza mural in Manchester tribute to Palestinian journalists    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Quarter of Egyptians now living in poverty: State data
Number of Egyptians living under the poverty line grew nearly 4 per cent over the last few years of Mubarak's rule, new figures for the 2010/11 financial year show
Published in Ahram Online on 31 - 01 - 2012

A quarter of Egyptians are now living in poverty, according to new statistics which show the proportion steadily climbed over the last 12 years of toppled president Hosni Mubarak's rule.
Around 25.2 per cent of Egyptians officially counted as poor in the 2010/11 financial year, up from 21.6 per cent in 2008/9 and just 16.7 per cent in 1999/2000, according to an income and expenditure survey released by state statistics body CAPMAS on Tuesday.
CAPMAS defines the poor as those whose per person spending falls below LE3,076 ($500) per year, or LE265 ($43.9) per month.
While the number of poor has surged, the percentage of so-called 'extreme poor' -- those spending less than LE172 ($28.5) a month -- has marginally declined.
The proportion fell from 6.1 per cent in 2009/9 to 4.8 per cent in 2010/11. However, both figures are still far higher than 1999/2000's proportion of 2.9 per cent.
CAPMAS tracks poverty conditions by geographical areas, education level, family size and working conditions.
According to the study, a person is more likely to be poor if he is illiterate, has many siblings and lives in a rural area of Upper Egypt.
Around 51 per cent of the population living in rural areas in Upper Egypt counts as poor versus an average of 10 per cent in urban governorates.
More than 26 per cent of illiterate Egyptians are poor, and the percentage of poverty falls in relations to higher education levels. Despite high unemployment rates among the university-educated, just 6.5 per cent of graduates count as poor.
The bigger the family, the more likely it is to be in poverty, the study shows.
Only 5 per cent of families with less than 4 members are poor while 64 per cent of familuies composed of 10 or more persons fall below the poverty line.
The average monthly spending of an Egyptian family in 2010/11 was LE1,929 ($32). In urban areas it was LE2,224 ($369), in rural places LE1,688 ($280).
The majority of Egyptian's spending is on food and beverages, a tendency that increases with the level of poverty.
In 2010/11, the poorest spend more than 49 per cent of their income on food. The richest fifth of Egyptian society, meanwhile, spent 32.5 per cent.
Housing is, after food, Egyptian's second biggest cash-swallower, although rich and poor spend roughly the same proportion of their total incomes.
At 71 per cent, employment is, unsurprisingly, Egyptian's main source of income.
http://english.ahram.org.eg/News/33378.aspx


Clic here to read the story from its source.