President Abdel Fattah El-Sisi accepted on Wednesday the resignation submitted by the Governor of the Central Bank of Egypt (CBE) Tarek Amer and appointed him as a presidential adviser, according to a presidency statement.
The new governor has not been announced as of yet.
The action comes a day before the meeting of the CBE’s Monetary Policy Committee (MPC), scheduled on Thursday, to review the key interest rates amid the ongoing global economic challenges.
It also comes few days after a cabinet reshuffle took place on Saturday bringing about 13 fresh ministers.
“ I would like to thank President El-Sisi for supporting me throughout my term as the Governor of the CBE. I resigned to leave a room for new bloods to take the responsibility and push forward Egypt’s successful development process under the leadership of the president”, Amer noted in his resignation note.
