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The article reports on the increase in number of people who were classified as poor in Egypt despite the mission of the Egyptian government to halve poverty by 2020 and eliminate it by 2030. Topics covered include official poverty line set by the Egyptian government, economic reforms introduced by President Abdel-Fattah al-Sisi with loans provided by the International Monetary Fund (IMF), how reforms led to increase in household expenditures and the limited cash-transfer schemes for the poor.

Reports that the world's financial leaders have gathered in Madrid, Spain for the annual meetings of the World Bank and the International Monetary Fund (IMF) to debate about the world's poor continues. Mandate of the World Bank is to alleviate poverty in poor countries; Intention of the IMF to help countries out of financial difficulties; Study conducted by Elliot Berg, an American development economist, which suggests that life for the world's poor may not have deteriorated during the 1980s; Study on Latin America conducted by Oxfam, a British charity, which suggests that after a decade of structural adjustment, and despite economic growth, more people than ever are living in poverty.