Youssef Boutros Ghali

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Youssef Boutros Ghali (يوسف بطرس غالي) is the Minister of Finance in Egypt since 2004. Dr. Youssef Boutros Ghali has taken over as Minister of Finance since July 2004. Earlier, he had been Minister of Foreign Trade since November 2001. From October 1999 to October 2001, he was Minister of Economy and Foreign Trade. From July 1997 to September 1999 , he was Minister of Economy. From January 1996 to June 1997 he was Minister of State for Economic Affairs. Between April 1993 through December 1995, he was Minister of State for International Cooperation and Minister of State at the Council of Ministers. Prior to these posts,(1986-1993), he was Economic Advisor to the Prime Minister and the Governor of the Central Bank of Egypt for seven years. He has also worked as a Senior Economist for six years at the International Monetary Fund (1981-1986). Before engaging in politics, he had already practiced a distinguished academic career. He got his BA degree in economics from Cairo University . Then, he obtained his Ph.D. degree in economics from the Massachusetts Institute of Technology (1981). Dr. Boutros Ghali had been an Associate Professor of Economics at the Faculty of Economics and Political Science, Cairo University ; Director of the Center for Economic Analysis at the Council of Ministers; and between 1991-1993, he was a member of the Board of Directors at the National Bank of Egypt . He also lectured economics at the American University in Cairo and the Massachusetts Institute of Technology in the USA . Over the last twenty years, Dr. Boutros Ghali has published twenty-two papers and books on a wide range of theoretical and development issues in the field of economics.

He is a graduate of the Jésuites high school in Cairo and graduated from Massachusetts Institute of Technology in 1980. His uncle is Boutros Boutros Ghali, former Secretary-General of the United Nations.

His reforms of the Egyptian Tax system included introduction of new Tax Laws that canceled a lot of the previous exemptions from Tax in favour of lower rates and his decision not to continue with the prosecution of thousands of cases that originated from the previous rules.