Senator Abdul Hafeez Shaikh عبدالحفیظ شیخ MNA |
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Hafeez Shaikh (right) meeting with US Deputy Secretary of State Thomas Nides
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Minister of Finance | |
In office 18 March 2010 – 19 February 2013 |
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Prime Minister |
Yousaf Raza Gillani Raja Pervaiz Ashraf |
Preceded by | Shaukat Tarin |
Succeeded by | Saleem Mandviwalla |
Minister of Privatization and Investment | |
In office 2003–2006 |
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Prime Minister |
Shaukat Aziz Chaudhry Shujaat Hussain Zafarullah Khan Jamali |
Preceded by | Altaf Saleem |
Succeeded by | Allam Manou |
Personal details | |
Born |
Abdul Hafeez Shaikh Jacobabad, Sindh Province, West-Pakistan |
Citizenship | Pakistan |
Nationality | Pakistani |
Political party | Pakistan Peoples Party |
Alma mater | Boston University |
Occupation | Economist |
Profession |
Public servant professor Technocrat |
Religion | Islam |
Academic field | Political economy |
Dr. Abdul Hafeez Shaikh (Urdu: عبدالحفیظ شیخ) is a Pakistani political economist of international repute with over 30 years of experience in economic policy-making, management and implementation. He served as the 20th Finance Minister of Pakistan from 2010 to 2013.
Shaikh was educated and earned doctorate from the Boston University in the United States, and has authored many publications including a book on Argentina. He also served as a professor at the Harvard University. Dr. Shaikh associated his services with the World Bank, and served as the director of economics operations of World Bank in Saudi Arabia throughout the 1990s. His other international experience includes assignments in Saudi Arabia, Sri Lanka, Indonesia, Malaysia, Philippines, Thailand, Vietnam, Romania, Czech Republic, Iran, Kuwait, Argentina, Bangladesh, Jordan, Qatar, Malta, Botswana, Tanzania, Ghana and Libya.
Dr. Hafeez Shaikh had a highly successful tenure as Minister for Finance, Planning & Development in provisional government of Sindh Province during 2000–2002.
Following that, his three years as the Federal Minister for Privatization & Investment were the most successful in Pakistan's history. 34 transactions worth over US $5 billion were completed in a transparent fashion. Using the slogan of "Privatization for the People", shares in several companies were given to 0.8 million people, creating broad ownership. The period saw foreign direct Investment increase from $1 Billion to $5 Billion. Dr. Shaikh was awarded Pakistan's "Man of the Year" in 2004 by the business community in recognition of his contributions to the country. He left the Government in early 2006.
In 2010, he was appointed as finance adviser of the Government of Pakistan and was later appointed as the chief of the Finance Ministry after securing his mandate from Jacobabad constituency. Since then, he has been directing the economic and financial institutions of the country.