Mohamed Ma'it, deputy finance minister in the outgoing cabinet, was promoted to minister, replacing Amr el-Garhy, who oversaw the recent economic reform and austerity measures that helped in securing Egypt's three-year 12 billion U.S. dollars International Monetary Fund (IMF) loan.
In a press statement following the swearing in cermony, Ma'it said he will proceed with the economic reforms that aim at expanding social protection networks, improving standards of living and securing more job opportunities to reduce unemployment rates to the lowest possible level, which in turn could help achieve the desirable sustainable development goals.
Amr Nassar, the newly-appointed Trade and Industry minister, served as the deputy director of the International Association of Public Transport for the Middle East and North Africa region for three rounds, from 2008 to 2017.
He was the Secretary-General of the Export Council for Engineering Industries, and also a board member at the MCV international group for manufacturing commercial vehicles, which is considered among the world's top bus manufacturers.
"The key changes show that the new government will have a different vision and I am optimistic about it," lawmaker Ahmed Helmi al-Sherif told Xinhua following the reshuffle.
"The massive reshuffle is like new blood running in the nation's veins," he added.
Egypt's most recent cabinet reshuffle took place in January. It was partial and it involved the four ministers of culture, tourism, local development and public enterprise.
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