Egypt forms new government

Egypt has formed its new cabinet and replaced the finance minister, who was popular with foreign investors, and the interior minister, who protesters reviled due to police handling of demonstrations, sources said on Monday.

Finance Minister Youssef Boutros-Ghali has been replaced by Gawdat el-Malt, who has headed the audit office and gained some popularity for addressing corruption, one source said. That source plus another political source said General Mahmoud Wagdy, previously head of Cairo criminal investigations department and also a former head of prisons, would be the new interior minister. (Reuters)