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As a country it is rich. The people are not. The extremes are reflected in the country's distribution of income: in 1996, the wealthiest 20 percent of Egyptians controlled 40 percent of the country's wealth, while the poorest 20 percent controlled only 9.8 percent of wealth. The rich are rich and remain rich. The majority of the population is poor compared to American standards.
Wiki User
∙ 12y ago
Wiki User
∙ 13y agoit is poor
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Is Egypt a poor or a rich country?
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