{"id":596370,"date":"2019-08-26T04:00:09","date_gmt":"2019-08-26T04:00:09","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/26\/govt-aims-to-reduce-poverty-rate-to-28-in-fy2019-2020\/"},"modified":"2019-08-26T04:00:09","modified_gmt":"2019-08-26T04:00:09","slug":"govt-aims-to-reduce-poverty-rate-to-28-in-fy2019-2020","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/26\/govt-aims-to-reduce-poverty-rate-to-28-in-fy2019-2020\/","title":{"rendered":"Gov\u2019t aims to reduce poverty rate to 28% in FY2019-2020"},"content":{"rendered":"

The government aims to reduce the poverty rate to 28% this fiscal year, down from 32.5% in 2017-2018, sources close to the matter told the local press<\/a>. The government could invest up to EGP 7 bn in housing, education and health projects in impoverished Upper Egypt governorates in response to the rising levels of poverty. Official figures showed<\/a> last month that the poverty rate shot up 5% from 27.8% in FY2017\/2018.<\/p>\n","protected":false},"excerpt":{"rendered":"

The government aims to reduce the poverty rate to 28% this fiscal year, down from 32.5% in 2017-2018, sources close to the matter told the local press. The government could invest up to EGP 7 bn in housing, education and health projects in impoverished Upper Egypt governorates in response to the rising levels of poverty. 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The government could invest up to EGP 7 bn in housing, education and health projects in impoverished Upper Egypt governorates in response to the rising levels of poverty. 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The poverty rate was at 27.8% in the last edition of the report, which measured living conditions and consumption patterns in 2015, head of\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2018\/12\/574.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":567737,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/06\/egypts-poverty-rate-falls-for-the-first-time-in-two-decades\/","url_meta":{"origin":596370,"position":4},"title":"Egypt\u2019s poverty rate falls for the first time in two decades","author":"enterpriseam admin","date":"6 December 2020","format":false,"excerpt":"Egypt\u2019s poverty rate decreased for the first time in 20 years in FY2019-2020, according to Capmas\u2019 latest income and expenditure survey. 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