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Abdul Hafeez Shaikh

Pakistani economist and politician


Summary

Pakistani economist and politician

FieldValue
nameAbdul Hafeez Shaikh
native_name
imageAbdul_Hafeez_Shaikh_2012_(cropped).jpg
imagesize230px
smallimage
officeMinister of Finance and Revenue
term_start11 December 2020
term_end29 March 2021
primeministerImran Khan
predecessorImran Khan
successorHammad Azhar
office2Advisor to the Prime Minister for Finance and Revenue
term_start218 April 2019
term_end211 December 2020
primeminister2Imran Khan
predecessor2Asad Umar (Federal Minister for Finance, Revenue and Economic Affairs)
successor2(himself) as Minister of Finance and Revenue
birth_placeJacobabad, Sindh Province, Pakistan
birthnameAbdul Hafeez Shaikh
nationalityPakistani
partner
alma_materBoston University
professionEconomist
blank1Academic field
data1Development Economics
termstart118 March 2010
termend119 February 2013
primeminister1Yusuf Raza Gillani
Raja Pervaiz Ashraf
predecessor1Shaukat Tarin
successor1Saleem Mandviwalla
deputy2Hammad Azhar (State Minister for Revenue) till 08 July 2019

| honorific-suffix = Raja Pervaiz Ashraf

**Abdul Hafeez Shaikh **() is a Pakistani economist with international experience in policy making and economic management. He has twice served as the Minister of Finance (in 2010-2013 and 2019-2021). He has also at various times held the portfolios of Minister of Economic Affairs, Revenue, Planning and Development, Statistics, Privatization and Investment.

His work experience includes Harvard University, The World Bank, and Private Equity. He was thrice elected to the Senate of Pakistan.

Under his leadership, Pakistan completed its successful privatization program (2003-2006), covering telecommunications, electricity, banking, oil refining, manufacturing and other sectors for over 5 billion USD.

Shaikh was also Minister for Finance and Development in the Sindh province of Pakistan (2000- 2003), reforming the finances of the province and led the province to become one of the first sub-national governments to develop a program with the World Bank.

Early life and education

Shaikh was born in Jacobabad, Sindh. He holds a PhD in Economics from Boston University.

Academic career

Shaikh has many publications, including a book on Argentina's privatisation program.

Political career

Shaikh is primarily an economist and a technocrat, however he has held high offices in the management of the economy which are of a political nature.

In 2000, he was appointed the Provincial Minister of Sindh for Finance and Planning in the military government.

He was elected to the Senate of Pakistan as a candidate of Pakistan Muslim League (Q) from Sindh in March 2003. He was a member of the Senate between 2003 and 2006.

Shaikh was next elected to the Senate of Pakistan as a candidate of Pakistan Peoples Party (PPP) from Sindh in March 2010. In March 2010, he was made the Minister of Finance, Revenue, Economic Affairs, Statistics and Planning and Development.

He was again elected to the Senate of Pakistan as a candidate of PPP from Sindh in 2012. In February 2013, he resigned as the Finance Minister of Pakistan as he was a candidate for Interim Prime Minister.

In April 2019, he was appointed an Advisor to the Prime Minister of Pakistan for Finance by Prime Minister Imran Khan and on December 11, 2020, he was appointed Federal Minister of Finance and Revenue.

Other activities

  • Islamic Development Bank, Ex-Officio Member of the Board of Governors (since 2019)
  • World Bank, Ex-Officio Member of the Board of Governors (since 2019)

References

References

  1. Shaikh, Hafeez, with Manual Angel Abdala ''et al.'', [http://trove.nla.gov.au/work/24499589 ''Argentina privatization program : a review of five cases''] (Washington, D.C.: World Bank, 1996). At [[Australian Competition & Consumer Commission]] library (not open to the public) via [[National Library of Australia]] "Trove" catalog.
  2. (19 April 2019). "Dr Hafeez Shaikh worked on key economy positions".
  3. "Senate of Pakistan".
  4. "Senate of Pakistan".
  5. Tribune.com.pk. (20 February 2013). "Resigned or ousted?: Finance Minister Hafeez Shaikh resigns".
  6. "Senate of Pakistan".
  7. author, [https://www.dawn.com/news/1476954 "Major reshuffle: Fawad Chaudhry's ministry changed, Hafeez Sheikh appointed advisor on finance"], ''Dawn News'', 18 April 2019. Retrieved 18 April 2019.
  8. "Abdul Hafeez Shaikh takes oath as federal minister - SUCH TV".
  9. [https://www.isdb.org/assembly/governor Board of Governors] [[Islamic Development Bank]].
  10. [http://pubdocs.worldbank.org/en/627731541108831255/BankGovernors.pdf Board of Governors] {{Webarchive. link. (20 December 2020 [[World Bank]].)
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