Egyptian Parliament Speaker Adjourns Session Following Government Resignation

In a significant development, Egyptian Parliament Speaker Dr. Hanafi Gabali adjourned a general session without setting a date for the next meeting, following the resignation of Prime Minister Mostafa Madbouly's government. Dr. Gabali expressed appreciation to the outgoing government for its service.

The development has significant implications for Egypt's political and economic future, which will require the new government to address pressing issues such as economic difficulties and high inflation. The success or failure of the new government will have a direct impact on the country's stability and growth.

This move comes after President Abdel-Fattah El-Sisi accepted the resignation of the cabinet and reappointed Madbouly to form a new government. This marks the fourth cabinet reshuffle under Madbouly's leadership since he first took office in June 2018.

President El-Sisi, who began his third term in April after winning the December 2023 election with 89.6% of the vote, has tasked the new government with several key priorities. These include focusing on health and education, enhancing political participation, addressing security and stability issues, and continuing economic reforms.

In his directive, El-Sisi emphasized the need for the new cabinet to attract both domestic and foreign investments, encourage private sector growth, and tackle rising prices and inflation. He also highlighted the importance of promoting cultural and national awareness and encouraging moderate religious discourse to strengthen community peace.

In a statement on X, President El-Sisi said, "Today, I assigned Dr. Mostafa Madbouly to form a new government that consists of the necessary expertise and competencies to manage the next phase, so that we can achieve the desired development in government performance and confront the challenges facing the state."

Madbouly, who has served as Prime Minister since June 2018, previously held the position of housing minister from March 2014. His tenure has seen multiple cabinet reshuffles, reflecting ongoing efforts to adapt to the nation’s evolving needs and challenges.

The recent resignation and subsequent reappointment of Madbouly's cabinet come at a time when Egypt is struggling to cope with economic difficulties, including a chronic foreign exchange shortage and high inflation. However, the country has also secured significant investment agreements and international funding, providing some economic relief.

Despite the changes, there is no immediate indication of which ministers will be replaced or when the new cabinet will be officially announced. The reappointment of Madbouly highlights President El-Sisi's confidence in his leadership as Egypt faces these challenges.

The Egyptian Parliament awaits the next session, with the focus remaining on the formation of a new government capable of addressing the pressing issues facing the nation. The coming weeks will be pivotal in determining the direction of Egypt's political and economic future.

Key Takeaways

• Egypt's Parliament Speaker adjourns session without setting a new date following PM's resignation.
• President El-Sisi reappoints PM Mostafa Madbouly to form a new government.
• New government tasked with addressing economic difficulties, high inflation, and security issues.
• PM Madbouly's cabinet reshuffle marks the fourth under his leadership since 2018.
• Egypt's economic future hinges on new government's ability to attract investments and tackle challenges.