Egypt Eyes First New Finance Head Since 2018 by Picking Kouchouk
- Ahmed Kouchouk, a ministry veteran, is known to IMF, investors
- Wide-reaching government changes seek to revive economy
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Egypt is set to name Ahmed Kouchouk as its first new finance minister since 2018, Extranews reported, as the North African nation pledges an economic revamp after emerging from its worst crisis in decades.
Kouchouk, who most recently served as finance chief Mohamed Maait’s deputy, will be appointed in a wide-ranging government restructuring affecting about 20 portfolios, the Cairo-based broadcaster said Tuesday. The channel, which typically represents authorities’ thinking, cited people it didn’t identify.