Why did the Egyptians eat 44,000 tons of cashews in a year, an economist answers
Cashew Nut Kernel
Egypt
Published Dec 28, 2021
Tridge summary
Ahmed Moati, an economist, confirmed that the import of provocative goods is an economic measure for improving the living and economic conditions of citizens. He explained that the import of these goods does not, at the same time, reflect the outrageous wealth of low-income and poor people in Egypt, where the poverty rate reached 29.7% of the total Population in the fiscal year 2019-2020. It is noteworthy that the prices of nuts recorded a decrease in the Ramadan season in 2021 by about 13% compared to 2020, according to the Import Control Report. ..
Original content
Ahmed Moati, an economist, confirmed that the import of provocative goods is an economic measure for improving the living and economic conditions of citizens. He explained that the import of these goods does not, at the same time, reflect the outrageous wealth of low-income and poor people in Egypt, where the poverty rate reached 29.7% of the total The population in the fiscal year 2019-2020. It is noteworthy that the prices of nuts recorded a decrease in the Ramadan season in 2021 by about 13% compared to 2020, according to the report on the import control, and it is noteworthy that the price of a kilo starts from 190 pounds, and the price of one kilo of cashews reaches To more than 500 Egyptian pounds, according to the distribution company. Data from the Packing and Statistics Authority showed the list of the five most exported countries of cashew nuts to Egypt in terms of quantities, which are Uganda with about 2 million and 631 thousand kilograms, followed by Brazil with about ...
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