This morning, Egypt announced a cabinet reshuffle involving 11
ministers, bowing to pressure from the opposition who say that President Mohamed
Morsi's government is failing to build political consensus to revive the
faltering economy and agree an urgent deal with the International Monetary Fund
(IMF). This latest reshuffle, the first since January, comes before Morsi heads
to Brazil for a state visit later this week.
Key among the new appointments is Sherif Haddara, Chairman of
the Egyptian General Petroleum Corporation (EGPC), Egypt's state-run oil
company, who will replace Osama Kamal as the Minister of Petroleum. His role
will be crucial in the coming months, as the cash-strapped state seeks to
provide much needed fuel for its citizens during the summer, as well as proposed
subsidy reforms that could further exacerbate tensions. Sherif graduated from
Cairo University in 1976 with a BSc in Mechanical Engineering and has overseen
Ruhrpumpen Egypt, Germany's joint venture project with Egypt, in his role at the
EGPC.
Judge Mohamed Ahmed Soliman, the new Justice Minister, will
replace Ahmed Mekki, who resigned in protest last month at attempts by
affiliates of the Muslim Brotherhood (MB) to reform the judiciary. Fayad
Abdel-Moneim, an expert on Islamic finance and MB member, takes over as Finance
Minister, replacing Al-Morsi Al-Sayed Hegazy. Amr Darrag will become Planning
Minister, taking over from Ashraf Al-Arabi, who was pivotal in Egypt's talks
with the IMF to secure a $4.8m loan.
It is unlikely that the reshuffle will appease the opposition,
who have been calling for a neutral government and the replacement of Hesham
Qandil as Prime Minister, especially as there are now 10 members of the MB
appointed as ministers, as opposed to 8 in the last cabinet. The Ministers of
Agriculture, Parliamentary Affairs, Antiquities, Culture and Investment were
also replaced today. The Ministers of Interior, Foreign Affairs and Defence
remain unchanged.
For
more news and expert analysis about Egypt, please see Egypt
Politics & Security.
© 2013
Menas Associates
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