Sunday, February 13, 2011

2% BELOW POVERTY LINE IN EGYPT.


Most of the media has lied about Mubarak.

So, God bless the Kansas City Star for giving us the truth!

On 11 February 2011, an article at the Kansas City Star, by top economist Keith Marsden (Egypt Inc. -- a look at the numbers), told us the following:

1. The protestors claimed that '40% of Egyptians' live below the poverty line.

The truth is that less than 2% of Egyptians live below the poverty line.

Compare that with 41.6% in India.

(The 'poverty line' is that which is recognised internationally)

2. The share in wealth of the poorest section of society has been increasing in Egypt.

Total household consumption expenditure per capita (in constant prices) rose by 2.2% annually in Egypt from 2000-08.

Local boating
Egypt by andrew_mc_d

3. Higher incomes, improved nutrition and better health services have helped to raise the average life expectancy at birth in Egypt to 70 years in 2008.

4. The under-five child mortality rate (per 1000) dropped to 25 in Egypt in 2008, from 53 in 1990.

Compare that with 89 in Pakistan, 69 in India, and 67 in South Africa.

5. The maternal mortality ratio (per 100,000 live births) was estimated to be 130 in Egypt in 2005, compared with 1,000 in Nigeria.

Egypt spent 6.3% of its GDP on health services in 2007 (Pakistan 2.7%).

Three Brothers
Egyptians by Amr O

6. The net enrollment rate for primary education rose to 94% in Egypt in 2008 (Pakistan 66%).

7. The World Bank reports an enrollment rate at the tertiary level (university and college) in Egypt of 35% in 2007 (South Africa 15%, India 12%, Pakistan 5%).

8. The most recent World Bank data show an economy-wide unemployment rate of 8.7% of the Egyptian labor force. (South Africa 22.9%).

_MG_9250-3
Egyptian by matteo.maretto

9. Mubarak's Egypt boosted investment. Egypt’s 'gross capital formation' soared by 7.4% annually from 2000-2008 (Israel 2.3%).

An improved business environment, including a low corporate tax rate of 20% stimulated foreign direct (private) investment.

Egypt’s Inflows rose to 9.5 billion dollars in 2008 from 0.6 billion dollars in 1995.

Egypt’s stock market capitalization was valued at 91 billion dollars in 2009, a more than threefold increase from the year 2000.

10. Egypt’s merchandise exports increased more than seven fold from 1990 to 2007.

Inbound tourists spent 12.1 billion dollars in Egypt in 2008. The benefits were widely spread among the Egyptian people in the form of more jobs and higher incomes.

Innocence
Egypt by [JO]² - Immortal Lens -( Youssef Hanna )

11. Egypt gets relatively little in foreign aid.

The net inflow of foreign official development assistance (ODA) to Egypt has fallen from 1.3% of Egypt’s Gross National Income in the year 2000 to 0.8% in 2008.

Egypt has been getting nothing from bodies such as the IMF and World bank.

(The total net official financial flows to Egypt from bilateral sources, the international financial institutions (such as the IMF and World Bank) and the United Nations have turned negative.

Repayments of principal exceed disbursements. Egypt’s net outflows to bilateral sources reached 960 million dollars in 2008, topping its 118 million net inflows from multilateral sources.)

12. Egypt’s total military expenditure amounted to 2.3% of GDP in 2008 ( Israel 8.0%), down from 3.2% in 2000.

Keith Marsden has worked as an economist for the UN, the World Bank and the private sector in over 60 countries, including two years in Egypt.

Reportedly, the CIA and Mossad were planning a coup in Egypt at least as early as 2008.

CIA PLOTS IN EGYPT
EGYPTIAN PSY OP
PRO-MUBARAK
ANOTHER CIA COUP IN EGYPT?

EGYPTIANS WORKING FOR THE CIA-MOSSAD-NATO?
PIPER & SCHOENMAN; TRUTH & LIES ON EGYPT
MUBARAK OPPOSED USA'S 'GREATER MIDDLE EAST'
CIA AND MUSLIM BROTHERHOOD VERSUS MUBARAK

AFTER EGYPTIAN COUP - ISRAEL INVADES?
EGYPT RIOTS GOOD FOR USA
WINNERS AND LOSERS IN EGYPT
ISRAEL WANTS MUBARAK TOPPLED

MUBARAK SUPPORTERS
ISRAEL'S PLANS FOR EGYPT
EGYPT - LOOK AT THE PATTERN
Q & A ON EGYPT REVOLT

EGYPT - THE NEW IRAQ?
WHO CONTROLS THE EGYPTIAN MILITARY? HISTORY OF MAN...
US BACKS EGYPTIAN COUP
WHAT THE USA REALLY THINKS ABOUT EGYPT

CIA, MOSSAD & SOROS VERSUS MUBARAK
THE PUZZLING CASE OF MOROCCO

4 comments:

Ali.mostaque said...

Excellent sober factual stuff beyond the mushy hype, BUT:

Can you address some important issues....:

1) Mubarak's and his families alleged corruption, resulting in moves by Swiss and UK governments to to seek to freeze assets...worth up to $70 billion??????? or is this propaganda a la Shah's alleged torture excess's..he's not a businessman,but a former air-force officer, so where did he get all that money?

2) He with his son developed a closely connected civilian clique of billionaire businessmen linked to the NDP, in addition who became extremely rich through their contacts with the government...a la Suharto, and government contracts...usual stuff.....many of them running like rats off a sinking ship in the initial days of the Revolution to Dubai in secret civilian flights...

3) Looking at Egypt's economy whilst's the details you mention are undoubtedly good, but Egypt is still quite poor compared to the petro $ economies of many Arab countries.....$500 billion PPP economy, with per capita being around $6,200......could be worse, but its not great either.

4)Low industrialization. with 5 million ton steel production....and around 127 billion kwt electric production. With a population of 80 million, how does that many people survive purely from Tourism? Obviously can't.

5) Has a 500,000 men under arms and only spends 2.3% on defense? Come on...whats the real amount? 1500 modern Abrams tanks, and 240 F16'S.....Egypt got a lot of aid from the USA, for the 1979 Peace deal with Israel...why didn't the leadership of Egypt put that aid to better use, instead of purchasing huge quantities of American arms?

Please address these issues.

Copy pasting this post.

At least Omer Suleiman the American trained puppet is out, and with him an important part of the artificial Hegelian dialect for conflict......overly aggressive police/security action verses the reaction of the "Rent a mobs' by the American funded "Freedom" NGO's working out of the embassy.

Espe de Egipto said...

Bravo Mr. Mostaque, well said
and moreover, the 42% of egyptians below poverty line is a FACT. and if they can't see them on the surface now fighting for their rights to live as human beings, they can simply
read the international organizations reports.

Anonymous said...

these stats are old. at this moment about 40% are below the poverty line. the stats u are referring to are old.
In the year 2000 22% were under the poverty line in Egypt its not heaven there is it
My information from Nationmaster.com

Anon said...

It depends on what you count as the poverty line.

If you take the normally accepted poverty line, then less than 2% of Egyptians lived below the poverty line.

Compare that with 41.6% in India.

Egypt was not perfect under Mubarak, but it was making amazingly good progress.

Now, Egypt is much worse - since the CIA coup toppled Mubarak.

Poverty has greatly increased and the country is now crumbling and vulnerable to break up.

- Aangirfan

 
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