LISTEN TO THIS THE AFRICANA VOICE ARTICLE NOW
Getting your Trinity Audio player ready...
|
Egyptian President Abdel Fattah el-Sisi Monday reappointed former Prime Minister Mostafa Madbouly to form a new government. According to a statement from Egypt’s presidency on Monday, Madbouly, who has served as prime minister since 2018, has been tasked with establishing a more capable government to address domestic and international challenges.
The presidency stated that the new cabinet must prioritize national security amidst escalating regional and international issues, combat terrorism, and address the struggling economy, which is plagued by inflation and requires increased local and foreign investment. In a post on X, el-Sisi stated, “Today, I assigned Dr Mostafa Madbouly to form a new government that consists of the necessary expertise and competencies to manage the next phase, in order to achieve the desired development in government performance and confront the challenges facing the state.”
No immediate announcement was made regarding when the new cabinet will take office.
El-Sisi was sworn in for his third term in April after winning 89.6 percent of the vote in the December election, which faced no serious challengers. He ordered the cabinet reshuffle as Egypt grapples with security and economic challenges while Israel’s conflict with Gaza continues on Egypt’s border. In late May, an Egyptian security officer was killed in a shooting incident with Israeli forces along the border near Rafah, in southern Gaza.
The Egyptian president has also been collaborating with the United States to mediate a potential ceasefire between Israel and Hamas and to facilitate humanitarian aid to Palestinians following the Israeli control of Gaza’s border with Egypt last month.
As Egypt contends with a chronic foreign exchange shortage and high inflation over the past two years, there had been speculation that Madbouly might be replaced. However, this year, the economy saw some relief following an investment agreement with the United Arab Emirates and other international funding deals, including an expanded loan program with the International Monetary Fund.
LEAVE A COMMENT
You must be logged in to post a comment.