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All eyes on the cabinet ahead of the new government being sworn in: Last night’s talk shows gave airtime to what changes we should expect in the new government and when the new government will be officially announced. Also catching the attention of the nation’s talking heads was the Finance Ministry’s soon-to-be-released tax policy document and news that leader of the Israel Resilience Party Benny Gantz has resigned from the Israeli war cabinet.
“The official announcement of the new government could be on Tuesday or Wednesday, or right after the Eid Al Adha break,” said Ala Masouleety’s Ahmed Moussa (watch, runtime: 5:09 | 3:51). “Prime Minister Moustafa Madbouly is holding ongoing meetings to select the best candidates for the new cabinet. There will be new ministries, some will be merged, and some old ministries will return. Some current ministers will remain in their positions,” Moussa added, noting that the selection process is being conducted with utmost secrecy.
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Finance Ministry gears up to release new tax policy document: The Finance Ministry will release its 2024-2030 tax policy document for public consultation in the coming weeks, Lamees El Hadidi said on Kelma Akhira (watch, runtime: 12:48). During a phone call with Lamees, Egyptian Tax Society board member Abdel Rasoul Abdel Hady, mentioned that the initial draft of the document that is still under study has been circulating in local newspapers and added that the document acknowledged several negative impacts of recent tax policies and implementation issues.
“The resignation ministers Benny Gantz and Gadi Eisenkot from the Israeli war cabinet yesterday is a victory for extremist ministers National Security Minister Itamar Ben-Gvir, the and Finance Minister Bezalel Smotrich, who view this as a historic chance to assert their control over decisions within the Israeli government,” Palestinian political science professor Ayman Al Raqab told El Hadidi in a phone interview (watch, runtime: 7:10). Al Raqab added that despite the resignations, it is unlikely that Benjamin Netenyahu’s government will collapse.
