Sisi inaugurates Octagon, unveils comprehensive economic program

President Abdel Fattah El Sisi yesterday inaugurated the Octagon, or State Strategic Command Headquarters, which houses the Defense Ministry as well as the main branches of Egypt’s Armed Forces, Major General Hisham Al Halabi told El Hekaya’s Amr Adib (watch, runtime: 7:11). The complex — located in the New Capital — will enhance digital connectivity within the security apparatus and nearby government functions, giving the Egyptian government the means to predict and respond to traditional threats as well as cyber, social, economic, and political security issues.

During his address, El Sisi gave us a glimpse into Egypt’s post-IMF future — the government will launch a “comprehensive national economic program” upon the completion of the current reform program with the International Monetary Fund, El Sisi said. This program will put Egypt on the path to sustainable growth, improve living standards, and boost economic resilience. Our eighth and final review under the current program with the Fund will kick off in November.

Also, privatization got a shout out, with El Sisi saying that he directed the Madbouly government to accelerate the implementation of the privatization program.