According to the local press, Mostafa Madbouly has been reappointed as Prime Minister by Egyptian President Abdel Fattah El Sisi, who has also requested him to create a new administration.
The move comes after the cabinet resigned on Monday amid a series of economic challenges and growing discontent over recent austerity measures.
“Today, I assigned Dr Mostafa Madbouly to form a new government that includes 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,” El Sisi said.
His office outlined objectives including the need to maintain national security in light of regional and international challenges, prioritise human development, particularly in health care and education, as well as to continue efforts to boost political participation.
El-Sisi’s directives for the new government include continuing economic reforms and increasing local and foreign investments.
Other initiatives include promoting private sector growth, controlling price increases and inflation, and monitoring markets as part of the state’s economic development.
El-Sisi has assigned the current government to continue in a caretaker role and perform its duties and tasks until a new government is formed.
El-Sisi wrote on the X platform: “I assigned Dr. Mostafa Madbouly to form a new government that includes the necessary expertise and competencies to manage the next phase to achieve the desired development in government performance and confront the challenges facing the state.”
Madbouly, who has been prime minister since June 2018, thanked the president and pledged to make every effort to serve the country and its people.
Madbouly served as minister of housing, utilities, and urban communities from February 2014 until June 2018.
El-Sisi delegated him to serve as acting prime minister during the medical treatment of Sherif Ismail in Germany from November 2017 to January 2018.
