{{Egypt’s Prime Minister Ibrahim Mehleb was sworn in on Tuesday at the head of a new government that retained key economic and security ministers but created a new investment post to attract funds to an economy racked by years of political turmoil.}}<\/p>\n
Mehleb, followed by his ministers, took the oath of office in front of President Abdel Fattah al-Sisi, the former army chief who re-appointed him after Sisi won a landslide election victory in May.<\/p>\n
Trying to project a sense of urgency and purpose in the new government’s mission, the early-rising former military president had summoned the ministers to a palace in northern Cairo at 6 a.m. for a ceremony that began promptly, an hour later.<\/p>\n
His prime minister echoed the need to move quickly, promising an energetic, focused and better coordinated regime.<\/p>\n
“There is no time for rest,” Mehleb was quoted as saying on the front page of the state\u2019s Al-Masry Al-Youm newspaper.<\/p>\n
“We will start our work from the early hours of the morning as there is a strict plan and new technique of work to tie all the ministers to work together and not work as if they were isolated islands,” he added.<\/p>\n
Egypt’s economy is forecast to grow at just 3.2 percent in the fiscal year that begins on July 1, well below levels needed to create sufficient jobs for a rapidly growing population of 86 million and to ease widening poverty.<\/p>\n
The turmoil of the last three years, when two presidents were overthrown, hundreds of people were killed and tourism and investment were battered, have contributed to high unemployment and a widening budget deficit.<\/p>\n
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