El-Sisi’s new time period of six years is meant to be his final, in keeping with the structure.
Egyptian President Abdel Fattah el-Sisi can be sworn in for a 3rd consecutive time period on Tuesday within the new capital being constructed outdoors Cairo, in keeping with authorities information outlet Al-Ahram.
El-Sisi “will take the oath of office on the constitution Tuesday in the new parliament premises in the administrative capital”, east of Cairo, Al-Ahram reported on Monday.
In energy for greater than a decade, the 69-year-old chief will formally start his time period on Wednesday, greater than three months after he was re-elected with 89.6 % of the vote in an election pitting him in opposition to three largely unknown candidates.
His new time period of six years is meant to be his final, in keeping with the structure.
The previous head of the military and minister of defence, el-Sisi got here to energy after the 2013 overthrow of the nation’s first popularly elected president, Mohamed Morsi. He was re-elected in 2018. In each earlier elections, he received with 97 % of the vote.
He prolonged the presidential mandate from 4 to 6 years and amended the structure to boost the restrict on consecutive phrases in workplace from two to 3.
Beneath his rule, Egypt has jailed 1000’s of political prisoners, and whereas a presidential pardons committee has freed about 1,000 in a single yr, rights teams say that three to 4 instances that many have been arrested over the identical interval.
A 3rd time period for el-Sisi sees Egypt going through an financial disaster whereas the area contends with the affect of Israel’s warfare on Gaza.
The Center East’s most populous nation, Egypt has been going through main financial challenges that embody spiralling inflation, home manufacturing struggling to fulfill the nation’s calls for, and a overseas foreign money scarcity that’s stifling overseas commerce.
Within the first quarter of 2024, nonetheless, the nation benefitted from an inflow of billions of {dollars}, of which $35bn got here from the United Arab Emirates, and a rise of $5bn on an unique mortgage of $3bn from the Worldwide Financial Fund.
El-Sisi’s supporters say the move of overseas foreign money will revitalise the financial system. However some analysts are sceptical there can be any enchancment with out structural reforms to cut back the outsized function of the military and authorities within the financial system.