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Egypt Says Third of Population Lives in Poverty

Associated Press

   CAIRO, EGYPT - Egypt says one in every three citizens was living in
   poverty in 2018.

   The country's statistics agency says 32.5% of Egyptians lived below the
   poverty line that year, up from 27.8% in 2015 and 16.7% in 2000.
   Monday's report was the first on poverty and income since the
   government secured a $12 billion loan from the International Monetary
   Fund in 2016.
   The government has imposed hikes in the price of fuel, government
   services and utilities, implemented a value-added tax and floated the
   currency.
   The austerity measures have taken a heavy toll on poor and middle-class
   Egyptians.
   The IMF is set to deliver the final round of the bailout in the coming
   weeks.