3 ms·
Egypt State Income: ca 95.8 billion Canal Revenue: 27.2 billion Makes per revenue per day 74.520.547 74 Million dollars Tax Revenue consumed by ship so far * da
by PicassoCTs 6y ago
Egypt State Income: ca 95.8 billion
Canal Revenue: 27.2 billion
Makes per revenue per day 74.520.547
74 Million dollars Tax Revenue consumed by ship so far * days: 4 days * 74.520.547 = 298.082.191
If this blockade lasts for 12 days it has reached 1 billion loss >= 1/100 of the egypt household. That household is already under stress from the "escape from cairo"-plans (https://en.wikipedia.org/wiki/New_Administrative_Capital https://en.wikipedia.org/wiki/New_Administrative_Capital) and covid.
- cleansy 6y agoIt's not that dramatic: > In 2020, the total revenue generated amounted to 5.61 billion USD and 18,829 ships with a total net tonnage of 1.17 billion passed through the canal. [1] 1: https://en.wikipedia.org/wiki/Suez_Canal_Authority#Revenues https://en.wikipedia.org/wiki/Suez_Canal_Authority#Revenues