Search results
Results from the WOW.Com Content Network
The domestic supply price farmers receive in Egypt is E£1,200 (US$211) per ton compared to approximately E£1,940 (US$340) per ton for import from the US, Egypt's main supplier of wheat and corn. Egypt is the U.S.'s largest market for wheat and corn sales, accounting for US$1 billion annually and about 46% of Egypt's needs from imported wheat.
Taxation, which includes income tax, sales tax, and customs duties, constitutes a substantial portion of revenues, bolstering both federal and provincial government finances. Non-tax revenue sources, such as mark-up from state enterprises, surplus profits from the State Bank of Pakistan, and royalties on oil and gas, further contribute ...
They show that rentier states receive income without an increase in the productivity of the domestic economy or political development of the state, that is, the ability to tax citizens. The unequal distribution of external income in rentier states has thus a negative effect on political liberalism and economic development .
The farmers and their families lost their main source of income and many are unemployed. As of June 2013, unemployment rates in Egypt are over 13%. [9] By reallocating land from farmers and the public toward private foreign or state-owned businesses, the government is increasing economic inequality between the wealthy and poor. [6]
The Nile River provides Egypt with some of the most fertile land in the Middle East. It produces food for consumption and export as well as cotton for domestic and foreign textile production. Egypt's other great resource is the Suez Canal. Roughly 7.5% of global sea trade transits the canal providing Egypt revenues in excess of $3 billion ...
This is a list of governorates of Egypt by GDP and GDP per capita. The Egyptian pound (EGP) has been converted to the international dollar using the IMF's Purchasing Power Parity conversion rate (one International dollar per 4.538 EGP in 2021).
The collection of revenue is the most basic task of a government, as the resources released via the collection of revenue are necessary for the operation of government, provision of the common good (through the social contract in order to fulfill the public interest) and enforcement of its laws; this necessity of revenue was a major factor in ...
Egypt and Pakistan have agreed to enhance the existing level of co-operation between the two countries which include economic and commercial relations, investment opportunities, co-operation in public and civil services, health sector, agriculture, and postal, both countries would further enhance their co-operation in the alternative energy ...