Egypt agrees long-awaited cabinet reshuffle, local media report

DUBAI: Egyptian Prime Minister Mostafa Madbouly’s cabinet is set for a long-awaited reshuffle, local media reported, with changes including new finance and foreign ministers expected to be sworn in on Wednesday. The new government faces challenges including the Gaza war on its border, economic woes and persistent power cuts which have frustrated Egyptians and shut down some factories. State television reported that Ahmed Kouchouk was set to become finance minister and faces perhaps the biggest challenge in managing a stumbling economy and sky-rocketing debt.

  News   Jul 3, 2024   0   34  Add to Reading List
Egypt agrees long-awaited cabinet reshuffle, local media report

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DUBAI: Egyptian Prime Minister Mostafa Madbouly’s cabinet is set for a long-awaited reshuffle, local media reported, with changes including new finance and foreign ministers expected to be sworn in on Wednesday. The new government faces challenges including the Gaza war on its border, economic woes and persistent power cuts which have frustrated Egyptians and shut down some factories. State television reported that Ahmed Kouchouk was set to become finance minister and faces perhaps the biggest challenge in managing a stumbling economy and sky-rocketing debt.
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