Modifications To Land Reform
In 1958, three provisions of the land reform law were revised:
- The interest on the bonds the government used to repay owners of seized land was lowered to 1.5%.
- People who purchased land from the government were given forty years (in place of thirty) to complete repayment.
- The government surcharge to be paid by purchasers was lowered to 10%.
In 1961, the government again revised the land reform program by lowering the land ownership maximum to one hundred feddans.
Read more about this topic: Egyptian Land Reform
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