You are here: Home » PTI Stories » National » News
Business Standard

Egypt's president Sisi swears in new government

Press Trust of India  |  Cairo 

Egypt's new Cabinet was sworn in today with 12 new ministers taking the oath before el-Sisi.

Sisi had appointed as the country's on June 7 and assigned him to form the new Cabinet.

New and replaced their predecessors Sedqi Sobhi and Magdy respectively in the new

Mohamed Maait, deputy minister of in the former cabinet, was appointed as new minister of finance, replacing Amr el-Garhy, Egyptian TV reported.

was appointed in 2016 and helped lead the economic reforms tied to Egypt's three-year USD 12 billion IMF loan programme that included cuts on subsidies.

Madbouli's elevation to the post had come two days after his predecessor Sherif Ismail submitted his resignation following Sisi's swearing-in as the for a second term until 2022.

Ismail's move was in line with the political tradition that the should resign at the start of a new presidential term.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, June 14 2018. 18:05 IST
RECOMMENDED FOR YOU