Tag: nazif

A cabinet reshuffle?

Posted on By 3arabawy

There are ongoing rumors that Rachid M. Rachid, the minister of trade and industry, will replace Ahmad Nazif as the Prime Minister. There aren’t any official confirmations yet. Youm7 reports Mubarak has received today Rachid and the NDP’s old goon Safwat el-Sherif, without elaborating more on the visit.

Rachid, an entrepreneur-turned-politician, a neoliberal guru, member of the NDP Policies Secretariat, close aide to Gamal Mubarak, will by no means put halt to the neoliberal policies the regime has been pushing aggressively for two decades. His appointment, if it turns out to be true, will entail more social attacks. Faced with economic difficulties, more austerity measures are expected, and it’s the kind of job Rachid will be good at.