Egypt's foreign minister lauds 'economic progress' as President Sisi looks to extend tenure

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Egypt's foreign minister lauds 'economic progress' as President Sisi looks to extend tenure
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Egypt's foreign minister praised economic reforms underway in the country, stressing that the country's president, Abdel Fattah el-Sisi, remained the right man for the job amid continued threats to security and stability.

"Of course the president has been effective in creating security and stability and economic progress, implementation of economic reform," Sameh Shoukry told CNBC's Hadley Gamble on Monday during the EU-Arab League Summit in Sharm al-Sheikh, Egypt."And we are seeing the first returns of that reform."

Egyptian lawmakers are pushing ahead for a change to the country's constitution that would enable Sisi to stay in power until 2034. Currently, the former armed forces chief is due to stand down after completing two four-year terms in 2022.MOHAMED EL-SHAHED | AFP | Getty Images Constitutional changes require approval of two-thirds of parliamentarians and a subsequent referendum. Egypt's 596-member parliament overwhelmingly backs the president.

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