Tuesday March 19th, 2024
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Egypt’s Poverty Rate Hits All Time High of 27.8%

CAPMAS has released a poverty report to address price hikes and shortages.

Staff Writer

Central Agency for Public Mobilization and Statistics (CAPMAS) reports that Egypt’s poverty line has soared to a whopping 27.8 percent in 2015, compared to 25.2 percent back in 2011.

The current poverty line in Egypt is 482 EGP per month. In order for a family of five to live right above poverty conditions, they must have an income of 2,372 EGP per month.

Graphics have shown that there is a correlation between poverty levels and family size. Six percent of families with less than four members live in poverty, whereas 75 percent of families that consist of at least 10 members or more live in dire conditions. 

Also, 71 million people in Egypt are currently dependent on government subsidies to buy food necessities.