President Sisi assigns Mostafa Madbouly to form a new Cabinet

President El-Sisi, following the resignation, reappointed Madbouly as a Prime Minister and tasked him to form a new cabinet

By: Business Today staff

Mon, Jun. 3, 2024

Prime Minister Mostafa Madbouly tendered the resignation of his government to President Abdel Fattah El-Sisi during a meeting on Monday.

President El-Sisi, following the resignation, reappointed Madbouly as a Prime Minister and tasked him to form a new cabinet. Key among the objectives outlined by El-Sisi is the preservation of Egyptian national security, particularly in the face of evolving regional dynamics. Additionally, prioritizing the advancement of the Egyptian populace, particularly in the realms of healthcare and education, remains paramount.

In alignment with Egypt's ongoing economic reform agenda, El-Sisi's directives for the new government also emphasize the imperative of attracting and expanding domestic and foreign investments. Efforts to stimulate private sector growth and mitigate the impact of rising prices and inflation are highlighted as critical components of the nation's economic strategy.