• Latest
  • Trending
  • All
  • Egypt
  • Business
  • Local
  • World

Egypt spends $400 b within 7 years to escape poverty trap – Sisi

January 12, 2022
Ramos, Ronaldo score as Portugal comes back to beat Croatia 2-1

Ramos, Ronaldo score as Portugal comes back to beat Croatia 2-1

July 3, 2026
Military announces roadmap, suspends constitution, calls for early elections

Military announces roadmap, suspends constitution, calls for early elections

July 3, 2026
Spain sweep aside Austria 3-0 to reach last 16

Spain sweep aside Austria 3-0 to reach last 16

July 2, 2026

Egypt condemns deadly Café bombing in Damascus

July 2, 2026
Man pulled alive from Venezuela quake rubble after week

Man pulled alive from Venezuela quake rubble after week

July 2, 2026
What’s next for US-Iran talks after Doha?

What’s next for US-Iran talks after Doha?

July 2, 2026
FM logo

Egypt condemns deadly Café bombing in Damascus

July 2, 2026
Swift, Kelce donate $26m to charities ahead of wedding

Swift, Kelce donate $26m to charities ahead of wedding

July 2, 2026
Trump wants ‘senseless killing’ in Ukraine to end

Trump wants ‘senseless killing’ in Ukraine to end

July 2, 2026
university theatre

Egypt revives school and university theatre 

July 2, 2026
  • Advertise
  • Privacy & Policy
  • Contact
Friday, July 3, 2026
  • Login

Editor-in-Chief

Mohamed Fahmy

Board Chairman

Tarek Lotfy

Egyptian Gazette
No Result
View All Result
  • HOME
  • EGYPT
    • Local
    • Features
  • World
    • National Day
  • Technology
  • BUSINESS
    • Real Estate
    • Automotive
  • SPORTS
  • ENTERTAINMENT
    • Arts
    • Health
    • Lifestyle
    • Travel
  • Skyward
    • Snippets from EgyptAir history
  • MORE
    • Multimedia
      • Video
      • Podcast
      • Gallery
    • OP-ED
  • HOME
  • EGYPT
    • Local
    • Features
  • World
    • National Day
  • Technology
  • BUSINESS
    • Real Estate
    • Automotive
  • SPORTS
  • ENTERTAINMENT
    • Arts
    • Health
    • Lifestyle
    • Travel
  • Skyward
    • Snippets from EgyptAir history
  • MORE
    • Multimedia
      • Video
      • Podcast
      • Gallery
    • OP-ED
No Result
View All Result
Egyptian Gazette
No Result
View All Result
Home Egypt

Egypt spends $400 b within 7 years to escape poverty trap – Sisi

by Gazette Staff
January 12, 2022
in Egypt
Share on FacebookWhatsapp

The Egyptian State spent more than $400 billion over a period spanning seven years in order to escape the poverty trap, affirmed President Abdel Fattah El Sisi.

 

It is important to confront poverty through hard work as it destroys the present and future, he went on to say.

 

During a session held under the rubric “Developmental experiments in the face of poverty”, as part of proceedings of the third day of World Youth Forum on Wednesday, Sisi said that poverty is also related to ignorance, which poses a danger for everything humanity undertakes.

 

He, meanwhile, underlined the importance of doing more efforts to confront poverty.

 

He also saluted the Egyptian youth, saying that they were behind the idea of holding the WYF.

 

The Decent Life Initiative, which became an inspiring model, was also one of the ideas of the Egyptian youth, he pointed out.

Tags: EgyptPoverty trapSisiSpends

Discussion about this post

ADVERTISEMENT
egyptian-gazette-logo

The Egyptian Gazette is the oldest English-language daily newspaper in the Middle East.
It was first published on January 26, 1880 and it is part of El Tahrir Printing and Publishing House.

Follow Us

Gazette Notifications

Would you like to receive notifications on our latest news ?

  • Advertise
  • Privacy & Policy
  • Contact

Copyrights for © Egyptian Gazette - Administered by Digital Transformation Management.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • HOME
  • EGYPT
    • Local
    • Features
  • World
    • National Day
  • Technology
  • BUSINESS
    • Real Estate
    • Automotive
  • SPORTS
  • ENTERTAINMENT
    • Arts
    • Health
    • Lifestyle
    • Travel
  • Skyward
    • Snippets from EgyptAir history
  • MORE
    • Multimedia
      • Video
      • Podcast
      • Gallery
    • OP-ED

Copyrights for © Egyptian Gazette - Administered by Digital Transformation Management.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.