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Public Policy and Rural Poverty Alleviation in Egypt : What Went Wrong

Article

Last updated: 25 Dec 2024

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Tags

التنمية الاقتصادية

Abstract

Egyptian government has been taken many initiatives in order to alleviate rural poverty. One of the major initiatives is establishing the Principal Bank for Development & Agricultural Credit (PBDAC) at the Ministry of Agriculture. The mandate of the bank is to provide credit for farmers in the rural areas across Egypt. Recently, the bank has extended its finance to off-farm activities and got under the supervision of the Central Bank of Egypt . Still, many farmers cannot pay back their loans and the government has to intervene many times to solve their problems. Another initiative by the government to alleviate rural poverty in Egypt is establishing the Local Development Fund (LDF) at the Ministry of Local Development. The mandate of the fund is to provide small loans for farmers in both on-farm and off-farm activities. In addition to that, the Egyptian government established what is called the Agency of Village Building & Development. The mandate of that agency is to provide capacity building and financial support for people in the rural areas across Egypt. Moreover, many donors funded programs were run by the Egyptian government in order to deal with or mitigate the impact of rural poverty. Shorouk and MISR Programs were the most important programs in this area. Moreover, the Social Development Fund (SDF) has extended its mandate to cover rural areas. It provides finance for on-farm and off-farm activities. It also intervenes through NGOs in rural areas in order to provide microfinance for farmers.

DOI

10.21608/jocu.2020.30797.1004

Keywords

public policy, rural poverty, Egypt

Authors

First Name

Ali

Last Name

massoud

MiddleName

-

Affiliation

The author is a professor at Economics Department, Faculty of Politics and Economics, Beni-Sueif University, Beni Suief , Egypt.

Email

massoud22@yahoo.com

City

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Orcid

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Volume

1

Article Issue

العدد (1) دیسمبر 2018 (اصدارخاص)

Related Issue

13741

Issue Date

2018-12-01

Receive Date

2020-05-21

Publish Date

2018-12-01

Page Start

147

Page End

167

Print ISSN

2636-4166

Online ISSN

2735-3176

Link

https://jocu.journals.ekb.eg/article_91329.html

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https://jocu.journals.ekb.eg/service?article_code=91329

Order

4

Type

مقالات سیاسیة واقتصادیة

Type Code

1,296

Publication Type

Journal

Publication Title

مجلة السياسة والاقتصاد

Publication Link

https://jocu.journals.ekb.eg/

MainTitle

Public Policy and Rural Poverty Alleviation in Egypt : What Went Wrong

Details

Type

Article

Created At

22 Jan 2023