Egypt: the reshuffle of the cabinet at the point of the economic crisis | news

Egyptian President Abdel Fattah el-Sissi announced a cabinet reshuffle on Saturday to improve his government’s performance as it faces major economic challenges.


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Mahmoud Kamal Esmat was appointed to the portfolio of public enterprises as Egypt seeks to attract investment in state-owned enterprises and generate funds. El-Sisi made no changes to the positions of finance, energy, defense or foreign affairs minister.

The Egyptian parliament approved the reshuffle of the cabinet made up of 13 ministers on Saturday. The move came a day after President Abdel-Fattah al-Sisi asked the assembly to meet in extraordinary session to approve the changes.

Egypt’s President Abdel Fattah el-Sissi announced a cabinet reshuffle to improve the performance of his administration as it faces major economic challenges stemming in large part from Russia’s war in Ukraine.

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August 13, 2022

The remodeling has included the Ministers of Tourism, Higher Education, Trade and Industry, Water and Irrigation, Emigration and Civil Aviation.

In a statement, El-Sisi said the reshuffle aims to “revitalize the government’s performance on important national and international issues to protect the interests of the state and the services provided to Egyptian citizens.”

The cabinet reshuffle is the fifth since 2018. The last ministerial changes were in December 2019.

The reshuffle of the cabinet was not done overnight, but took two weeks of consultations, during which the Prime Minister interviewed more than 50 candidates for ministerial portfolios.

Rising oil and commodity prices have hit one of the world’s biggest wheat importers hard, as has the loss of tourists from Russia and Ukraine.

The conflict in Ukraine has pressured Egypt’s currency, prompting it to seek help from the International Monetary Fund to boost one of the Arab world’s key economies.

Repression by the Taliban regime is intensifying while women have fewer freedoms than anywhere else in the world, the economy has collapsed by at least 30% while international aid is not forthcoming and the government in Kabul is losing support. #taliban #Afghanistan

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August 13, 2022


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My name is Chasity. I love to follow the stock market and financial news!