Tag Archives: minister

Economic reforms prepared Egypt for the coronavirus crisis, minister says

Structural reforms in Egypt readied its economy for the impact of the ongoing global pandemic, according to the country’s minister for international cooperation. “We entered this crisis with fiscal buffers as well as foreign reserve buffers, which helped weather the first shock,” Rania al-Mashat told CNBC’s Hadley Gamble this week. “If it weren’t for those comprehensive reforms on the… Read More »

‘I’ve been an idiot’: New Zealand health minister demoted for going to beach during lockdown

New Zealand’s health minister apologized after he was demoted for breaking the country’s coronavirus lockdown to take his family to the beach. Prime Minister Jacinda Ardern demoted David Clark to “the bottom of our Cabinet rankings” and stripped him of his role as associate finance minister in response to the revelation, although she said that… Read More »