Ahmed Shide or Ahmed Shidde ( so, Axmed Shiide), is a Somali-
Ethiopian
Ethiopians are the native inhabitants of Ethiopia, as well as the global diaspora of Ethiopia. Ethiopians constitute several component ethnic groups, many of which are closely related to ethnic groups in neighboring Eritrea and other parts of ...
politician and the former chair of the somali political party of the
Somali regional state.
He is a member of the Federal parliament and was a member of the ruling party
Ethiopian Somali People's Democratic Party
The Somali Democratic Party (SDP; so, Xisbiga Dimuqraadiga Soomaalida), formerly the Ethiopian Somali People's Democratic Party, was a political party in Ethiopia, created by the ruling Ethiopian People's Revolutionary Democratic Front (EPRDF) ...
(ESPDP). Currently an influential member of PM Abiy Ahmed's Prosperity Party. He has also been serving as
Minister of Finance
A finance minister is an executive or cabinet position in charge of one or more of government finances, economic policy and financial regulation.
A finance minister's portfolio has a large variety of names around the world, such as "treasury", " ...
in the government of
Prime Minister
A prime minister, premier or chief of cabinet is the head of the cabinet and the leader of the ministers in the executive branch of government, often in a parliamentary or semi-presidential system. Under those systems, a prime minister is not ...
Abiy Ahmed
Abiy Ahmed Ali ( om, Abiyi Ahmed Alii; am, አብይ አሕመድ ዐሊ; born 15 August 1976) is an Ethiopian politician who has been the 4th prime minister of the Federal Democratic Republic of Ethiopia since 2 April 2018. He won the 2019 ...
since 2018. Ahmed Shide hails from the Gurre (Gurreh) from Nagayle that is closely related to other Dir nation in the Horn of Africa including Ethiopia, Djibouti Somalia and Kenya.
Early life and education
Ahmed shide was born in Nagele to a less well off Gurre parents belonging to the Madahweyne a subclan of the Dir Somali. Ahmed completed his primary, secondary and tertiary education in Ethiopia. He holds a Bachelor of Arts in Economics from
Ethiopian Civil Service College,
Addis Ababa
Addis Ababa (; am, አዲስ አበባ, , new flower ; also known as , lit. "natural spring" in Oromo), is the capital and largest city of Ethiopia. It is also served as major administrative center of the Oromia Region. In the 2007 census, t ...
, Ethiopia.
Shide also holds a Masters of Arts in Participation, Development and Social Change from the Institute of Development Studies,
University of Sussex
, mottoeng = Be Still and Know
, established =
, type = Public research university
, endowment = £14.4 million (2020)
, budget = £319.6 million (2019–20)
, chancellor = Sanjeev Bhaskar
, vice_chancellor = Sasha Roseneil
, ...
, United Kingdom,
Post-Graduate Diploma
A postgraduate diploma (PgD, PgDip, PGDip, PG Dip., PGD, Dipl. PG, PDE) is a postgraduate qualification awarded after a university degree, which supplements the original degree and awards them with a graduate diploma. Countries that award postg ...
in Managing Rural Resources and Resource Conflicts from the
Institute of Social Studies
The International Institute of Social Studies (ISS) of Erasmus University Rotterdam is an independent and international graduate school of policy-oriented critical social science. ISS was established in 1952 by Dutch universities and the Neth ...
,
The Hague
The Hague ( ; nl, Den Haag or ) is a city and municipality of the Netherlands, situated on the west coast facing the North Sea. The Hague is the country's administrative centre and its seat of government, and while the official capital of ...
,
the Netherlands
)
, anthem = ( en, "William of Nassau")
, image_map =
, map_caption =
, subdivision_type = Sovereign state
, subdivision_name = Kingdom of the Netherlands
, established_title = Before independence
, established_date = Spanish Netherl ...
, and MBA from
Greenwich University
, mottoeng = "To learn, to do, to achieve"
, former_name = Woolwich Polytechnic(1890–1970)Thames Polytechnic(1970–1992)
, established =
, type = Public university
, budget = £214.9 million (2020)
, administrative_staff =
, chancel ...
, London, United Kingdom.
Career
Before assuming office as
minister of finance
A finance minister is an executive or cabinet position in charge of one or more of government finances, economic policy and financial regulation.
A finance minister's portfolio has a large variety of names around the world, such as "treasury", " ...
, Shide served as Minister of Transport and also as Minister of Government Communication Affairs of Ethiopia. Even before that he served as state minister of the ministry of finance and economic development for more than eight years, where he led the countries economic cooperation and regional development and integration agenda. He was the one who championed and spearheaded the economic reform of Ethiopia and contributed to the significant development achievements of the country recorded over the past decades. At the moment he is the one leading the economic reform, which aims at boosting private participation and better economic efficiency. He also served the government at regional state level.
Shide assumed the office of Minister of Finance on 16 October 2018, replacing
Abraham Tekeste. By mid-2019, he proposed to parliament 386.9 billion birr ($13.48 billion) in government spending for the 2019/2020 budget. Also during his time in office, Ethiopia announced plans to split its state telecoms provider
Ethio telecom
Ethio telecom (), previously known as the Ethiopian Telecommunications Corporation (, ETC), is an Ethiopian telecommunication company serving as the major internet and telephone service provider. Ethio telecom is owned by the Ethiopian governme ...
into two business units along infrastructure and service sector lines before it is privatized. In late 2020, he oversaw negotiations with the
International Monetary Fund
The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution, headquartered in Washington, D.C., consisting of 190 countries. Its stated mission is "working to foster globa ...
on a $2.9 billion programme, one of the biggest in the fund’s history in Africa.
In addition to his role in government, Shide has been a member of the
World Bank Group
The World Bank Group (WBG) is a family of five international organizations that make leveraged loans to developing countries. It is the largest and best-known development bank in the world and an observer at the United Nations Development Grou ...
’s (WBG) Advisory Council on Gender and Development.
Other activities
*
African Development Bank
The African Development Bank Group (AfDB) or (BAD) is a multilateral development finance institution headquartered in Abidjan, Ivory Coast, since September 2014. The AfDB is a financial provider to African governments and private companies i ...
(AfDB), Ex-Officio Member of the Board of Governors (since 2018)
*
World Bank
The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects. The World Bank is the collective name for the Interna ...
, Ex-Officio Member of the Board of Governors (since 2018)
Board of Governors
World Bank
The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects. The World Bank is the collective name for the Interna ...
.
References
{{DEFAULTSORT:Shide, Ahmed
Living people
Finance ministers of Ethiopia
21st-century Ethiopian politicians
Year of birth missing (living people)
Ethiopian people of Somali descent
Alumni of the University of Greenwich
Alumni of the University of Sussex