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Youssef Boutros-Ghali

Youssef Boutros Ghali
Youssef Boutros Ghali.jpg
Minister of Finance
In office
1 July 2004 – 31 January 2011
President Hosni Mubarak
Prime Minister Ahmed Nazif
Preceded by Mohamed Medhat Hassanein
Succeeded by Samir Radwan
Personal details
Born (1952-08-20) 20 August 1952 (age 65)
Cairo, Egypt

Youssef Raouf Boutros Ghali (يوسف بطرس غالي) or "YBG" (born 20 August 1952) is an Egyptian economist who served in the government of Egypt as Minister of Finance from 2004 to 2011. He was succeeded by Samir Radwan on 31 January 2011.

Youssef Boutros-Ghali was born in Cairo on 20 August 1952. He earned a bachelor of arts degree in economics at Cairo University in 1974. He then earned a Doctor of Philosophy in economics from Massachusetts Institute of Technology in 1981. He was also a lecturer and research assistant during his stay at MIT. His uncle, Boutros Boutros Ghali, was Secretary-General of the United Nations from 1992 to 1996.

Upon graduation, Boutros-Ghali joined the International Monetary Fund as an EP (Economist Program). He became Senior Economist. He worked in both area and functional departments: first in the Middle East Department (MED) and later in Policy and Development Review (PDR) on Asian, Latin American and Middle Eastern countries. He gained profound knowledge of the economic problems and policy challenges of countries as diverse as the Sudan, Côte d'Ivoire, the Philippines, China, Brazil, the Dominican Republic, and Mexico. He also did background work on the Latin American debt crisis of the early 1980s.

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. The reform programs initiated then ushered a turnaround in the Egyptian economy and laid the groundwork for economic reforms that are being pursued to this day. 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. He was subsequently named Minister of State for Economic Affairs (1996–1997). Thereafter he assumed the position of Minister of Economy and Foreign Trade (1997–2001), and later Minister of Foreign Trade (2001–2004).


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