Egypt IMF negotiator to be offered finance minister post

Published: Updated:

The Egyptian Prime Minister Hazem al-Beblawi will ask former finance ministry official Hany Kadri to serve as finance minister, two interim government sources told Reuters on Saturday.

Kadri oversaw discussions with the International Monetary Fund over a stalled rescue package last year.

According to the sources, Beblawi will also ask former ambassador to the United States Nabil Fahmy to serve as foreign minister, and the post of deputy prime minister will be offered to former Interior Minister Ahmed Gamal al-Din.

The post of planning minister will again be proposed to Ashraf al-Araby, who left the position in May, and leftist politician Godah Abdel Khalikto will be asked to serve as supplies minister – a position he held for a few months in 2011, said the sources.

The sources also said that Christian liberal politician Mounir Fakhry Abdel Nour will be offered to head the Investment Ministry.

Beblawi’s cabinet will be composed of 30 ministers, who will reportedly swear in next Wednesday.

Beblawi continued his efforts to form a cabinet on Saturday as supporter of ousted Islamist President Mohammed Mursi insisted to keep fighting for his reinstatement with further protests.

The army ousted the president and dissolved the Islamist-made constitution earlier this month following mass protests that saw millions take to the streets to demand that Mursi resign.