Egypt Cabinet Formalizes Deputy Minister Portfolios; Debt Negotiation Mandate Defined

Egypt's cabinet issued formal decrees defining the mandates of newly appointed deputy ministers for Foreign Affairs & International Cooperation, and Housing. Deputy Foreign Minister Samar Al-Ahdal was formally tasked with managing Egypt's external loans, international grants, and debt renegotiation with foreign governments and international financial institutions — a significant portfolio given Egypt's $165 billion external debt load and ongoing IMF program. The decrees signaled a streamlining of the government's debt management capacity as Egypt prepares for further IMF reviews in 2026. Prime Minister Mostafa Madbouly oversees the restructuring as part of broader public sector governance reforms agreed with the Fund.