Legislative branch: bicameral system consists of the People's Assembly or Majlis al-Sha'b (454 seats; 444 elected by popular vote, 10 appointed by the president; members serve five-year terms) and the Advisory Council or Majlis al-Shura - which functions only in a consultative role (264 seats; 176 elected by popular vote, 88 appointed by the president; members serve NA-year terms) elections: People's Assembly - last held 29 November 1995 (next to be held NA November 2000); Advisory Council - last held 7 June 1995 (next to be held NA) election results: People's Assembly - percent of vote by party - NDP 72%, independents 25%, opposition 3%; seats by party - NDP 317, independents 114, NWP 6, NPUG 5, Nasserist Arab Democratic Party 1, LSP 1; Advisory Council - percent of vote by party - NDP 99%, independents 1%; seats by party - NA
Judicial branch: Supreme Constitutional Court
Political parties and leaders: Democratic Unionist Party [Mohammed
'Abd-al-Mun'im TURK]; Green Party ; Misr al-Fatah Party
(Young Egypt Party) ; Nasserist Arab Democratic Party [Dia'
al-din DAWUD]; National Democratic Party or NDP [President Mohammed
Hosni MUBARAK, leader] - governing party; National Progressive
Unionist Grouping or NPUG ; New Wafd Party or NWP
; Social Justice Party ;
Socialist Labor Party or SLP ; Socialist Liberal Party
or LSP ; Umma Party
note: formation of political parties must be approved by government
Political pressure groups and leaders: despite a constitutional ban against religious-based parties, the technically illegal Muslim Brotherhood constitutes MUBARAK's potentially most significant political opposition; MUBARAK tolerated limited political activity by the Brotherhood for his first two terms, but has moved more aggressively in the past six years to block its influence; trade unions and professional associations are officially sanctioned
International organization participation: ABEDA, ACC, ACCT
(associate), AfDB, AFESD, AL, AMF, BSEC (observer), CAEU, CCC, EBRD,
ECA, ESCWA, FAO, G-15, G-19, G-24, G-77, IAEA, IBRD, ICAO, ICC, ICRM,
IDA, IDB, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Inmarsat, Intelsat,
Interpol, IOC, IOM, ISO, ITU, MINURSO, MONUC, NAM, OAPEC, OAS
(observer), OAU, OIC, OSCE (partner), PCA, UN, UNAMSIL, UNCTAD,
UNESCO, UNIDO, UNITAR, UNMIBH, UNMIK, UNMOP, UNOMIG, UNRWA, UNTAET,
UPU, WFTU, WHO, WIPO, WMO, WToO, WTrO
Diplomatic representation in the US: chief of mission: Ambassador Nabil FAHMY chancery: 3521 International Court NW, Washington, DC 20008 telephone: (202) 895-5400 FAX: (202) 244-4319, 5131 consulate(s) general: Chicago, Houston, New York, and San Francisco
Diplomatic representation from the US: chief of mission: Ambassador Daniel C. KURTZER embassy: (North Gate) 8, Kamel El-Din Salah Street, Garden City, Cairo mailing address: Unit 64900, APO AE 09839-4900 telephone: (2) 3557371 FAX: (2) 3573200
Flag description: three equal horizontal bands of red (top), white, and black with the national emblem (a shield superimposed on a golden eagle facing the hoist side above a scroll bearing the name of the country in Arabic) centered in the white band; similar to the flag of Yemen, which has a plain white band; also similar to the flag of Syria, which has two green stars, and to the flag of Iraq, which has three green stars (plus an Arabic inscription) in a horizontal line centered in the white band
@Egypt:Economy
Economy - overview: A series of IMF arrangements - coupled with massive external debt relief resulting from Egypt's participation in the Gulf war coalition - helped Egypt improve its macroeconomic performance during the 1990s. Through sound fiscal and monetary policies, Cairo tamed inflation, slashed budget deficits, and built up foreign reserves. Although the pace of structural reforms - such as privatization and new business legislation - has been slower than the IMF envisioned, Egypt's steps toward a more market-oriented economy have prompted increased foreign investment. Lower combined hard currency inflows - from tourism, worker remittances, oil revenues, and Suez Canal tolls - in 1998 and the first half of 1999 resulted in pressure on the Egyptian pound and sporadic dollar shortages, but external payments were not in crisis. Despite ample reserves, the Central Bank did not provide sufficient hard currency to commercial banks and Cairo restricted imports for a short period; these developments confirmed to some investors and currency traders that government financial operations lack sufficient coordination and openness. Monetary pressures have since eased, however, with the continued oil price recovery starting in mid-1999 and a moderate rebound in tourism. Increased gas exports are a major plus factor in future growth.