World Bulletin / News Desk
Egyptian Prime Minister Hisham Qandil on Monday said that parliamentary elections in Egypt would take place at the end of 2012 following the preparation of the constitution.
Speaking at a conference hosted by investment companies in the Egyptian capital of Cairo on Monday, Qandil noted that the works of the Committee for the Preparation of Constitution continued independently and no one, including himself, could not intervene in the works of this committee.
"Following the preparation of the constitution, we expect parliamentary elections in Egypt to take place at the end of 2012," Qandil stated.
"Egypt will be in a better position with an elected leader and government," Qandil underlined.
"As the atmosphere for investment gets better, poverty (in Egypt) would be eradicated. The Egyptian government continues to hold talks with the International Monetary Fund (IMF) to meet 25 percent of its financial needs," Qandil stressed.
"The issue of talks with the IMF will come up at the Egyptian parliament following the elections," Qandil said.
The politics of Egypt is based on republicanism, with a semi-presidential system of government. Following the Egyptian Revolution of 2011, and the resignation of President Hosni Mubarak, executive power was assumed by the Supreme Council of the Armed Forces, which dissolved the parliament, and suspended the constitution.
In 2012, presidential elections resulted in the election of Mohammed Morsi as Egypt's fifth President.
'Having a united island at peace with itself and its neighbours will create more jobs, more prosperity. So, the solution will pay for itself,' UN envoy says
EU president believes Russian airstrikes in Syria 'are making an already very bad situation even worse'
Zeid Ra'ad Al Hussein says the Working Group, although not a court, based its decision on binding international law and that Britain and Sweden should therefore abide by its findings
TIKA releases details of dozens of projects in education, infrastructure and agriculture
'I think we will take very seriously the request from Turkey and other allies to look into what NATO can do to help them cope and deal with the crisis,' NATO chief says
Russian president's spokesman believes German chancellor should carefully watch what she says on the Syrian crisis
With the latest advances, Ramadi and all its surrounding areas have been retaken from ISIL, opening a road to capital Baghdad
EU energy commissioner says the aim of the proposals 'is simple: to prevent and mitigate possible security of gas supply crises'
Lyutvi Mestan's new party to be called the Democrats for Responsibility, Freedom and Tolerance, abbreviated 'DOST' in Bulgarian
The cause of the accident near Bad Aibling, around 60 kilometres southeast of Munich, is not immediately clear
The country's bombing mission against ISIL in Iraq and Syria is set to end by February 22
A stable Libya is in the interests of the whole of the Maghreb and the whole of Europe,' European Parliament chief says
Human Rights Watch urges US president to call for ‘dismissal of politically motivated charges’ against former opposition leader when he meets Malaysian PM next week
Greece cannot protect Europe, new line of defense should be established at borders with Greece, says Hungarian PM
Turkish Republic of Northern Cyprus president says he wants to see Cyprus adopt two-zone federal structure