World News

Egypt’s Illegal Drug Trade Worth $3.4 Billion

July 17, 2008

The Egyptian Central Bureau of Statistics said in a report published on Wednesday that the volume of illicit drug trafficking in Egypt in 2007 was worth 18.2 billion Egyptian pounds (about $3.4 billion).

The report said the illicit trafficking in drugs negatively affects Egypt’s economy and leads to a waste of society’s resources.

The report said what was spent on substance abuse in Egypt last year equals the income of the Suez Canal and oil revenues in one year .

Source African Press Agency

Net News Publisher

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