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Shocking Comeback: The Enigmatic Return of Youssef Boutros Ghali – A Republican Bombshell

Shocking Comeback: The Enigmatic Return of Youssef Boutros Ghali – A Republican Bombshell

September 25, 2024 Catherine Williams - Chief Editor World

Boutros Ghali, Egypt’s former finance minister and one of the international economic cadres with invaluable experience, disappeared for 13 years and returned with a Republican decision. Stay with us until the end of what President Sisi wants to tell the Egyptians in this video.

In the last hour, a huge surprise happened, which was the return of Dr. Youssef Boutros Ghali, the former Minister of Finance of Egypt and one of the highest-ranking economic and financial figures in Egypt and the world. The President of the Republic, Abdel Fattah El-Sisi, has reconstituted the Special Council for Economic Development affiliated to the Presidency of the Republic in accordance with Decision No. 222 of 2024 of the President of the Republic, Dr. Hussein Muhammad Ahmed. Issa, former Chairman of the Planning and Budget Committee of the House of Representatives, will serve as the General Coordinator of the Council and Dr. . Yusuf Boutros Ghali, former finance minister. Honey Qadri Damian, former finance minister. Hossam El-Din Muhammad Abdel Quader, and Engineer Ashraf Musa Sabri Finance and Technology Expert, Engineer Mohamed Zaki Al-Suwaidi, Federation of Egyptian Industries, Karim Ali Awad Salama, EFG Hermes CEO Ahmed Atef. Helmi Mohammad Wasif and Dr. Lamis Mohammad Khaled Shaban Al-Arabi.

Well, what are the terms of reference of this specialized council?
See, Your Honor, this is a council that you can call a house of expertise and a kitchen of economic decision-making that specializes in studying and proposing general economic and productivity policies for the country, including strengthening and developing productive capacity. and making better use of available resources through scientific and technological methods. It also aims to study and propose scientific plans aimed at maximizing production requirements and develop them in partnership with the private sector.

The Council’s responsibilities include proposing general plans and programs for better utilization of human resources and increasing their productive efficiency, studying ways to remove any obstacles affecting the process of economic growth, and proposing organizational and technological changes necessary for a strong economic establishment. It also specializes in studying foreign markets and expanding Egypt’s product exports.

Well, what is the secret behind the return of Dr. Youssef Boutros Ghali and what message does Sisi want to convey?
When President Sisi decided to choose Dr. Youssef Boutros Ghali for a high-level position, he meant that qualified people in Egypt cannot be excluded as long as they are not involved in any complaints or corruption cases, we know. Dr. Youssef Boutros Ghali was found innocent of all charges against him, and he was finally acquitted by the court’s verdict, I mean, there is nothing to condemn the former minister and at the same time, there is no legal obstacle to prevent his return to public work, and since he Very skilled, so the president asked him for help so that the whole country will benefit and any Egyptian skill is a matter of appreciation and interest and the state needs to benefit from everyone. His appointment of scientific and economic workers and until their debts are cleared and they are not found guilty says that President Sisi does not accept anyone’s fault or the fault of the previous era or regime.

A quick look at the international position of Dr. Youssef Boutros Ghali, we will know what a great economic and financial figure he is, as he previously held the position of Head of Investment Policy of “Concord International” investment group. In the position of Non-Executive Board Member of Subsidiary of “Stanhope Investments”.
Concord D Group, headquartered in New York, specializes in securities fund and investment portfolio management, investment strategy consulting, corporate financing and strategic planning.
In addition, Youssef Boutros Ghali was a former expert at the International Monetary Fund and served as Egypt’s chief negotiator in the reform program implemented with the fund’s assistance in the late 1980s and foreign trade, before assuming the portfolio of the Ministry of Finance from 2004 to 2011.

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