Minister of Finance Youssef Boutros-ghali of Egypt
Youssef Boutros-Ghali was born in Cairo, Egypt, and received his education at Cairo University where he obtained his B.
Upon graduation, Boutros-Ghali joined the International Monetary Fund as an EP (Economist Program) and progressed to become Senior Economist.
After leaving the Fund in 1986, Boutros-Ghali was appointed as Economic Advisor to Egypt’s Prime Minister and to the Governor of the Central Bank of Egypt (1986-1993), where he took a prominent role in negotiating the 1987 and 1991 stand-by arrangements with the Fund and the debt rescheduling agreements with the Paris Club.
Thereafter, Boutros-Ghali was appointed Minister of State for the Council of Ministers and Minister for International Cooperation (1993-1996), where he continued to be active in overseeing program relationship between Egypt and the Fund.
Egypt Trade and Investment Framework Agreement (TIFA), Boutros-Ghali was active in advancing the negotiations on the free trade agreement between Egypt and United States.
Boutros-Ghali received the Emerging Markets award for Finance Minister of the Year for the Middle East region twice (2005 and 2006.
Boutros-Ghali is the author of various publications on timely topics, particularly on exchange rate and monetary policy, external debt problems and debt relief issues, IMF programs, fiscal discipline and exchange rate market reforms.
On October 6, 2008, Boutros-Ghali was elected chair of the IMF's policy-setting committee.
Boutros-Ghali is well suited to assume the chairmanship of the IMFC.
Youssef Boutros-Ghali has been involved in the management of Egypt's economic reform programme since its inception in 1991.
After all, Boutros-Ghali was the architect not just of a package of reforms that transformed Egypt’s economy.
Facetime with Youssef Boutros-Ghali, Egypt's Finance Minister Aside from being Egypt's Finance Minister, Youssef Boutros-Ghali is also Chairman of the International Monetary and Financial Committee, the first appointment of a chairman from an emerging market country.
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Boutros-Ghali has been a member of the Egyptian government since 1993.
Boutros-Ghali has an intimate knowledge and first-hand experience of the Fund and its relations with member countries, both as a former IMF staff member and as chief negotiator of Egypt's fundamental reform programs implemented with IMF support in the late 1980s and early 1990s.
Youssef Boutros-Ghali is the first official from an emerging market country to head the panel that sets the IMF's overall policy priorities.
Boutros-Ghali said Egypt was in the process of registering with the US Security and Exchange Commission and with Euroclear to facilitate bond issues.
In the shanty villages of the West Bank and Gaza, since well before talk of elections or Hamas were making headlines, Palestinians have been faced with a crisis more threatening than war or fundamentalism.
Boutros-Ghali is Egypt's Minister of Economy.
Boutros-Ghali said Egypt was in the process of registering with the US.
Boutros-Ghali said Egypt's inflation rate, at around 7 percent, was not a brake on a program of economic liberalization which includes subsidy cuts, but said it did affect the process.
But in a statement on Wednesday, Boutros-Ghali said his remarks had been misinterpreted and "affirmed that the presence of the Kingdom in the G20 guarantees that the voice of the Arab countries will be heard in this important international forum.