Latest in Tag: poverty Highlight
Latest in Tag: poverty

CBE wins largest share of AFI awards for combating poverty, unemployment, promoting sustainable development
The AFI held its 12th annual conference in the Dead Sea, Jordan this September, where the CBE won two awards for innovation in digital financial services and commitment to achieving financial inclusion goals, among five awards presented by the alliance annually. The bank was also honoured for reaching the final round, among three other countries, for the awards of institutional excellence and financial inclusion for young people.

Addressing food, energy and poverty crises should be done parallel to solving climate change:Â Mahmoud Mohieldin
107 developing countries, home to 1.7 billion people, are severely exposed to at least one of three global transmission channels of crisis which are food, energy, and finance: Mohieldin

Egypt spends more than EGP 6trn to combat poverty since 2015: Al-Sisi
âFighting poverty was my primary goal when elected in 2014,â says Egyptian President

Fair climate policy could help reduce extreme poverty
This could be achieved via combining emission pricing with progressive redistribution of revenues, says Bjoern Soergel

479 million people projected to live in extreme poverty by 2030: World Bank
Flexibility of economic inclusion programmes makes them well suited to adapt to changing poverty contexts

Poverty increases vulnerability to mental health conditions: Study
Eastern Mediterranean countries are witnessing higher rates of mental health disorders than global averages

Egypt maintains poverty growth at 1.7% over past 5 years: Social Solidarity Ministry Adviser
Country shifted from “cruel” state to “merciful” state in 1960s, to state of just development in modern era, says Salah Hashem

President Al-Sisi’s visit to France contributes to enhancing bilateral ties: Egypt PM
CAPMAS indicates decline in Egyptâs poverty rates during 2020

Egypt poverty rate decreases for 1st time in 20 years: CAPMAS
Country develops comprehensive plan to control population growth rates, which will be implemented as of early next year 2021: Planning Minister

More 110 – 150 million people will live in extreme poverty, less than $1.90/day, in 2021: WBG
WBG plans to make available up to $12bn to countries for purchase and deployment of COVID-19 vaccines

Coronavirus may see half a billion people driven into poverty: Oxfam
The world could see up to half a billion people driven into poverty due to the novel coronavirus (Covid-19) fallout, unless urgent actions were taken to financially support developing and poor countries, Oxfam nonprofit group warned on Thursday

Egyptâs economic reforms âa means to an endâ, targeting poverty eradication: EGX chairperson
Banking sector represent 89.8% of total financial system assets, says CIB-Egypt chairperson

Poverty eradication in Arab world is achievable: Mahmoud Mohieldin
Egypt, some Arab countries exerted efforts to invest in education and health, says WBG VP

Cash subsidy key to assist Egyptians who canât get out of poverty: Nobel Prize Winner
Government needs to implement policies for social justice, says Dembitzer

How can Egyptians reap fruits of economic reform?
Egypt embarked on a bold economic reform programme that included the pound flotation, a reduction in fuel and electricity subsidies, imposing taxes including the value-added tax (VAT), all with the aim of trimming the budget deficit.

32.5% of Egypt population live in poverty
Meanwhile, he showed out that the average annual household expenditure increased to EGP 51,400 annually, compared to EGP 36,700 in the previous survey in 2015, while the average family income hiked to EGP 58,000 per year in 2017/18, against EGP 44,200 during 2015.

Al-Sisi calls for eliminating poverty, improving living conditionsÂ
President also met Burundi Foreign Affairs Minister to enhance cooperation

Eye in sky enables scientists to gauge global poverty
Researchers from Arhus University monitored implementing UN SDGs through satellite images

Solar energy projects in Benban save youth from unemployment, poverty
We need development, services; sewage is Benban’s biggest problem: residents

Hondurans fleeing poverty, violence: 'There is no other option'
Despite numerous obstacles and no guarantees of success, thousands of Honduran men and women escaping grinding poverty and violence at home have set off on foot for the US in search of a better life.On Thursday afternoon, the situation was a little more relaxed at the Casa del Migrante, a hostel for migrants on the …

Egypt targets to eradicate poverty by 2030: CAPMAS
Proportion of households living below poverty line 27.8% of total population

Beast of poverty continues to grow
4.6 million children in UK living in poverty, over 3.6 million college grads in US living in extremely difficult financial conditions

How extreme poverty is forcing Pakistanis to sell kidneys
Impoverished daily wage laborers in Pakistan are forced to sell their body organs to make both ends meet. DW meets a brick kiln worker near Lahore, who narrates his horrifying tale of kidney selling to an illegal racket.Muhammad Iqbal (pictured above) is a 44-year-old laborer hailing from eastern Pakistan. He wants to play kabaddi, a …

‘Development is weapon against terrorism, poverty, disease,â Al-Sisi from China
Al-Sisi elaborated solutions include BRI, African Agenda 2063, he described as positive approaches

World politics, poverty, triumph of personal rights at Cannes 2018
Palme dâOr went to Hirokazu Kore-edaâs Shoplifters, drama that tells story of impoverished family, painting uncensored image of Japanese middle class

Poverty and lack of services in Iraq force refugees back to the camps
Poverty and a lack of services are preventing rebuilding in Mosul, forcing thousands to choose the lesser of two evils and return to the camps. Over two million have yet to go back home. Judit Neurink reports from Mosul.”My children collect scrap iron to sell,” says Abbas Mohammed , picking up the iron pipe one …

Financing for development should focus on channelling resources to eradicate poverty: Nasr
Minister of Investment and International Cooperation Sahar Nasr stressed that financing for development should focus on channelling resources to eradicate poverty, in line with the overall goal of the Sustainable Development Strategy (SDS): Egypt Vision 2030. “In this context, any resources for financing development must be consistent with national priorities and development strategies of the …

The government is working to increase growth rates to reduce poverty
We are working to achieve economic growth of not less than 5% during the current fiscal year: El Garhy

The social, financial impacts of economic reforms: where do poorer classes stand?
Nearly 28% of Egyptians are living around the poverty line, and the percentage continues to increase, based on data provided by CAPMAS in 2015

Poverty: the dark side of the American empire
If we have learned anything from this last presidential election, it is that poverty continues to be a concept ignored by president-elect Donald Trump and by United States politicians. Although both avoid using the word like a naked man avoids a poisonous snake, poverty is integral to the current reality of the US socio-political landscape. …