Ahmed Abu Ismail
Ahmed Abu Ismail | |
|---|---|
| Minister of Finance | |
| In office 16 April 1975 – 19 November 1976 | |
| President | Anwar Sadat |
| Preceded by | Mohammed Hamdi El Nashar |
| Succeeded by | Mohammed Salah Eldeen |
| Personal details | |
| Born | March 1915 Samannud |
| Died | 2013 (age 97–98) |
| Resting place | Samannud |
| Political party | New Wafd Party |
| Alma mater | University of Manchester |
Ahmed Abu Ismail (1915–2013) was an Egyptian economist and politician who served as minister of finance in the 1970s.[1][2]
Early life and education
Ismail was born in Samannud in March 1915.[3] He hailed from a wealthy middle-class family.[4] He attended the University of Manchester and obtained a PhD in transport economics in 1938.[3]
Career
Following his graduation Ismail worked at the University of London and returned to Egypt in 1948.[3] Then he worked at an Egyptian university.[3] He established the college of commerce of Kuwait University in 1968.[3] Ismail supported a liberal economy approach and harshly criticized the inefficiency of the Egyptian public sector.[4]
Although Ismail acted as the leader of opponents of the public economy policy implemented by President Anwar Sadat, he was appointed finance minister on 16 April 1975, replacing Mohammed Hamdi El Nashar in the post.[5] Ismail's tenure ended on 19 November 1976 when he was dismissed due to his opposition over the policies imposed by the International Monetary Fund.[4] The Economy Minister Zaki Shafei was also removed from the office on the same date due to the same reason.[4] Mohammed Salah Eldeen Hamid became finance minister replacing Ismail in the post.[5] Then Ismail was named as the head of the Far East Bank in Cairo and served at the Parliament as a member of the New Wafd Party.[3]
Death and legacy
Ismail died in May 2013 and buried in his hometown, Samannud.[3] A district in Sammannud was named after him in September 2013.[6]
References
- ^ "Egypt. The Politics of Economic Strategy". Country Data. Retrieved 8 September 2014.
- ^ Gamal Essam El Din (6–12 December 2001). "The Central Bank in the saddle". Al Ahram Weekly. No. 563. Archived from the original on 8 May 2013.
- ^ a b c d e f g "وفاة أحمد أبو إسماعيل وزير مالية مصر في عهد السادات". Albawabh News (in Arabic). 20 May 2013. Retrieved 31 October 2021.
- ^ a b c d Raymond A. Hinnebusch (April 1981). "Egypt under Sadat: Elites, Power Structure, and Political Change in a Post-Populist State". Social Problems. 28 (4): 455–456. doi:10.2307/800057.
- ^ a b "Ministry of Finance In Brief". Ministry of Finance. Retrieved 8 September 2014.
- ^ "إطلاق اسم وزير المالية الأسبق أحمد أبو إسماعيل على حى بسمنود تكريمًا له". Youm7 (in Arabic). 25 September 2013. Retrieved 31 October 2021.
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- CS1 Arabic-language sources (ar)
- Articles with short description
- Use dmy dates from October 2022
- AC with 0 elements
- 20th-century Egyptian economists
- 1915 births
- 2013 deaths
- Finance Ministers of Egypt
- Alumni of the University of Manchester
- Academics of the University of London
- Kuwait University faculty
- Members of the Parliament of Egypt
- New Wafd Party politicians
- People from Gharbia Governorate
- Liberalism in Egypt