A judicial committee appointed by Egypt's military regime has put forth these proposed amendments which will now go through a referendum before the parliamentary and presidential elections are held.
The current military regime wrested power from Mubarak after a popular uprising against his 30-year long rule. Aided by the usage of social networking sites, an entire generation of Egyptians stormed the Tahrir square demanding an immediate end to Mubarak's reign. A defiant Mubarak was then ousted by the army, albeit in a peaceful manner.
Under the present provisions of the Egyptian constitution, it is nearly impossible for opposition parties to challenge the incumbent president.
While leaders cutting across party-lines have welcomed the move, but analysts say that the proposed eight-year term may be something that would be debated upon.