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Salam Fayyad

Salam Fayyad
سلام فياض
Salam Fayyad (cropped).jpg
Prime Minister of PNA
Disputed
In office
15 June 2007 – 6 June 2013
President Mahmoud Abbas
Preceded by Ismail Haniyeh*
Succeeded by Rami Hamdallah
Personal details
Born (1951-04-02) 2 April 1951 (age 65)
Deir al-Ghusun, West Bank
Political party Third Way
Alma mater American University of Beirut
St Edward's University
University of Texas, Austin
Religion Islam

Salam Fayyad (Arabic: سلام فياض‎‎, Salām Fayāḍ; born 2 April 1951) is a Palestinian politician and former Prime Minister of the Palestinian Authority and Finance Minister.

He was Finance Minister from June 2002 to November 2005 and from March 2007 to May 2012. Fayyad was Prime Minister between June 2007 and June 2013.

Fayyad resigned from the cabinet in November 2005 to run as founder and leader of the new Third Way party for the legislative elections of 2006. The party was not successful, and Fayyad returned as Finance Minister in the March 2007 Unity Government. Fayyad's first appointment as Prime Minister on 15 June 2007, which was justified by Palestinian president Mahmoud Abbas on the basis of "national emergency", was not confirmed by the Palestinian Legislative Council. His successor, Rami Hamdallah, was named on 2 June 2013.

Fayyad was popular in the West for his reform of the financial system within the Palestinian Authority.

Salam Fayyad was born in Deir al-Ghusun in northern West Bank on 2 April 1951. He graduated from the American University of Beirut in 1975 and received his MBA from St. Edward's University in 1980. Fayyad has a PhD in economics, which he received from the University of Texas at Austin, where he was a student of William Barnett and did early research on the American Divisia Monetary Aggregates, which he continued on the staff of the Federal Reserve Bank of St. Louis.


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