Egypt's newly-appointed Prime Minister Mostafa Madbouly reviews the Cabinet's new program before the Parliament on July 3, 2018- Egypt Today/ Khaled Mashaal
CAIRO – 3 July 2018: Prime Minister Mostafa Madbouly announced that thousands of job vacancies will be available to youth and women as part of a new strategy prepared by the government to increase the workforce volume. In a statement before the House of Representatives on Tuesday, Madbouly announced his newly-formed Cabinet’s Program.
According to the Egyptian Constitution, the Parliament has subsequently discussed Madbouly’s statement. Furthermore, the Parliament assigned a special committee with issuing a report on Madbouly’s statement in 10 days. The report will be consequently reviewed by the Parliament in a plenary session.
Earlier in June, President Abdel Fatah al Sisi ordered Madbouly to form a new government to succeed that of Sherif Ismail, who resigned on June 5. The new Cabinet has sworn-in on June 14, with 12 new ministers, including the interior and defense ministers.
Cabinet’s four-year program
Madbouly said the government was targeting GDP growth of 8 percent by the 2021-2022 financial year, manifesting that Egypt’s GDP grew by 5.4 percent in the 2017-2018 fiscal year which already ended on June 30.
The Cabinet Program entitled “Egypt Moving Forward” includes five key pillars as follows:
1. National Security and Foreign Policy
2. Egyptian Human Being Building
3. Economic Development and boosting the governmental performance efficiency
4. Increase of employment and workforce levels
5. Enhancing citizens’ living standards
In his word during the Parliament’s plenary session, Parliament Speaker Ali Abdel Aal expressed his gratitude and appreciation towards former Prime Minister Ismail and his government members on their efforts for the sake of Egypt’s renaissance.
Egypt Moving Forward- thousands of jobs soon
In Madbouly’s 20-minute speech, he manifested that 85 percent of the government economic reform program is accomplished.
"The Egyptian citizen will feel a tangible improvement," Madbouly promised the Egyptians. "You were very patient and the results will be good."
Worker remittances surged to $19.37 billion in the nine months until end-March from $15.89 billion a year earlier, according to central bank figures released on June 28, according to Reuters’ reports.
“Thirteen industrial complexes will be established and more than 43,000 jobs will be available for all Egyptians,” added Madbouly.
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