CAIRO: Egypt’s new prime minister, Kamal El-Ganzoury, may also hold the finance portfolio in the new Cabinet, the website of a leading newspaper reported on Thursday.
Egypt’s economy has been hammered by the uprising that toppled Hosni Mubarak and the political uncertainty since then. El-Ganzoury was credited with economic liberalization and delivering growth when he was premier under Mubarak in the 1990s.
The current finance minister, Hazem El-Beblawi, told Reuters on Wednesday he had not been approached to stay on. Prior to El-Ganzoury’s appointment, he submitted his resignation in October but it was rejected by the ruling military.
The independent Al-Masry Al-Youm daily reported on its Facebook page, citing an unidentified source, that El-Ganzoury’s would "keep the Finance Ministry for himself."
Officials could not immediately be reached for comment.
