El-Sisi’s new time period of six years is meant to be his final, in line with the structure.
Egyptian President Abdel Fattah el-Sisi will probably be sworn in for a 3rd consecutive time period on Tuesday within the new capital being constructed exterior Cairo, in line with authorities information outlet Al-Ahram.
El-Sisi “will take the oath of workplace on the structure Tuesday within the new parliament premises within the administrative capital”, east of Cairo, Al-Ahram reported on Monday.
In energy for greater than a decade, the 69-year-old chief will formally start his time period on Wednesday, greater than three months after he was re-elected with 89.6 p.c of the vote in an election pitting him in opposition to three largely unknown candidates.
His new time period of six years is meant to be his final, in line with the structure.
The previous head of the military and minister of defence, el-Sisi got here to energy after the 2013 overthrow of the nation’s first popularly elected president, Mohamed Morsi. He was re-elected in 2018. In each earlier elections, he gained with 97 p.c of the vote.
He prolonged the presidential mandate from 4 to 6 years and amended the structure to boost the restrict on consecutive phrases in workplace from two to 3.
Beneath his rule, Egypt has jailed hundreds of political prisoners, and whereas a presidential pardons committee has freed about 1,000 in a single 12 months, rights teams say that three to 4 instances that many have been arrested over the identical interval.
A 3rd time period for el-Sisi sees Egypt dealing with an financial disaster whereas the area contends with the influence of Israel’s battle on Gaza.
The Center East’s most populous nation, Egypt has been dealing with main financial challenges that embrace spiralling inflation, home manufacturing struggling to satisfy the nation’s calls for, and a international forex scarcity that’s stifling international commerce.
Within the first quarter of 2024, nonetheless, the nation benefitted from an inflow of billions of {dollars}, of which $35bn got here from the United Arab Emirates, and a rise of $5bn on an authentic mortgage of $3bn from the Worldwide Financial Fund.
El-Sisi’s supporters say the move of international forex will revitalise the financial system. However some analysts are sceptical there will probably be any enchancment with out structural reforms to cut back the outsized function of the military and authorities within the financial system.
