Egypt's Abdel Fattah al-Sisi to be sworn in as president for third time period

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According to the constitution, al-Sisi's new six-year term is considered his last.

Egyptian President Abdel Fattah al-Sisi will be sworn in for a third consecutive term on Tuesday in a new capital being built outside Cairo, according to state news outlet Al-Ahram.

Al-Ahram reported on Monday that al-Sisi would take the oath of office on the constitution on Tuesday at the new parliament complex in the administrative capital, east of Cairo.

The 69-year-old leader, who has been in power for more than a decade, will officially begin his term on Wednesday, more than three months after he was re-elected with 89.6 percent of the vote in an election that earned him three major presidential nominations. Was pitted against unknown candidates.

According to the Constitution, his new six-year term is considered his last term.

El-Sisi, a former military chief and protection minister, got here to energy in 2013 after overthrowing Mohammed Morsi, the nation's first popularly elected president. He was re-elected in 2018. In each the final elections he had gained with 97 p.c votes.

He elevated the presidential mandate from 4 to 6 years and amended the Structure to extend the restrict on consecutive phrases in workplace from two to a few.

Below his rule, Egypt has jailed hundreds of political prisoners, and whereas a presidential pardon committee has freed about 1,000 in a 12 months, rights teams say three to 4 occasions as many individuals had been freed over the identical interval. Was arrested.

Egypt faces an financial disaster as el-Sisi heads into his third time period, whereas the area grapples with the influence of Israel's conflict on Gaza.

Probably the most populous nation within the Center East, Egypt faces main financial challenges together with rising inflation, home manufacturing struggling to fulfill the nation's calls for and a scarcity of overseas foreign money that has effects on overseas commerce. .

Nevertheless, within the first quarter of 2024, the nation benefited from an influx of billions of {dollars}, of which $35 billion got here from the UAE, and a rise of $5 billion on an authentic $3 billion mortgage from the Worldwide Financial Fund.

El-Sisi's supporters say the inflow of overseas foreign money will revive the financial system. However some analysts are skeptical that any enchancment will happen with out structural reforms to scale back the bigger function of the army and authorities within the financial system.

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