Egypt's FRA subsidiaries provide EGP 69.5b in Jan '24    US business activity drops in April    Swiss freeze on Russian assets dwindles to $6.36b in '23    World Bank pauses $150m funding for Tanzanian tourism project    China's '40 coal cutback falls short, threatens climate    European stocks reach week-high levels    China obtains banned Nvidia AI chips through resellers    Amir Karara reflects on 'Beit Al-Rifai' success, aspires for future collaborations    Russia to focus on multipolar world, business dialogues with key partners at SPIEF 2024    African Hidden Champions to host soirée celebrating rising business stars    Ministers of Health, Education launch 'Partnership for Healthy Cities' initiative in schools    Egypt explores new Chinese investment opportunities for New Alamein's planned free zone    Amstone Egypt unveils groundbreaking "Hydra B5" Patrol Boat, bolstering domestic defence production    Egyptian President and Spanish PM discuss Middle East tensions, bilateral relations in phone call    Climate change risks 70% of global workforce – ILO    Health Ministry, EADP establish cooperation protocol for African initiatives    Health Ministry collaborates with ECS to boost medical tourism, global outreach    Prime Minister Madbouly reviews cooperation with South Sudan    Ramses II statue head returns to Egypt after repatriation from Switzerland    EU, G7 leaders urge de-escalation amid heightened Middle East tensions    Egypt retains top spot in CFA's MENA Research Challenge    Egyptian public, private sectors off on Apr 25 marking Sinai Liberation    EU pledges €3.5b for oceans, environment    Egypt forms supreme committee to revive historic Ahl Al-Bayt Trail    Debt swaps could unlock $100b for climate action    Acts of goodness: Transforming companies, people, communities    President Al-Sisi embarks on new term with pledge for prosperity, democratic evolution    Amal Al Ghad Magazine congratulates President Sisi on new office term    Egypt starts construction of groundwater drinking water stations in South Sudan    Egyptian, Japanese Judo communities celebrate new coach at Tokyo's Embassy in Cairo    Uppingham Cairo and Rafa Nadal Academy Unite to Elevate Sports Education in Egypt with the Introduction of the "Rafa Nadal Tennis Program"    Financial literacy becomes extremely important – EGX official    Euro area annual inflation up to 2.9% – Eurostat    BYD، Brazil's Sigma Lithium JV likely    UNESCO celebrates World Arabic Language Day    Motaz Azaiza mural in Manchester tribute to Palestinian journalists    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Tunisian president chooses former finance minister to be PM
Published in Ahram Online on 20 - 01 - 2020

Tunisian President Kais Saied on Monday designated Elyes Fakhfakh as prime minister, a presidency statement said, after the fractured parliament this month rejected a government proposed by an earlier nominee to the post.
The former finance minister now has a month to form a coalition capable of winning a confidence vote in parliament by a simple majority, or there will be another election with urgent economic decisions hanging over the country.
The choice of Fakhfakh, 48, underscores the economic priorities following a decade of low growth, high public debt and declining services since the 2011 revolution that introduced democracy.
Fakhfakh, a former employee of the French energy company Total, served as finance minister in 2012 in the volatile period after the revolution and also worked as tourism minister.
The incumbent government of Youssef Chahed has since 2016 tried to rein in spending while addressing the aftermath of two major militant attacks in 2015 that devastated Tunisia's crucial tourism industry.
However, it has been acting as a caretaker government since the Oct. 6 parliamentary election in which the largest party, the moderate Islamist Ennahda, took only a quarter of the seats.
It nominated Habib Jemli as prime minister in November, but his proposed government failed to win parliamentary backing and lost a confidence vote on Jan. 10.
That meant President Saied, who was also elected in October, had the right to designate his own choice of prime minister to try to form a government.
Tunisia's constitution splits power between the head of state and the government, leading to several periods in recent years of political struggles between them.


Clic here to read the story from its source.