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Wednesday, 26 December 2018

Egypt’s poverty rate set to rise in as-yet-unreleased CAPMAS report?

Take this with a grain of salt, but: Will the official poverty rate rise in soon-to-be-released gov’t report? The poverty rate in Egypt could be as high as 30.2%, compared to the 27.8% last recorded, according to sources speaking to the domestic press who claim to have seen a still-unreleased CAPMAS income and expenditure survey. The figure doesn’t take into account the full sample of households the state statistics bureau will have surveyed by the time the results are out this February. “It usually scales up by a percentage point or two when the results are out,” the sources said. CAPMAS has also revised the poverty line upward to a monthly income of EGP 700-800 from EGP 482 in 2016. The income and expenditure survey, the latest results of which can be found here, is a nationwide census of household living conditions and consumption patterns.

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