Abdul Hafeez Sheikh is a Pakistani

economist An economist is a professional and practitioner in the social sciences, social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy. Within this ...

and politician who served as Federal Minister for Finance and Revenue Affairs from 11 December 2020 to 29 March 2021. Previously, he served as an advisor to Prime Minister on Finance and Revenue from April 2019 to December 2020. Previously, he has served as the

Finance Minister of Pakistan The Minister of Finance of Pakistan (Urdu: 'Wazīr-ē-Khazana') is a leading cabinet member who heads the Ministry of Finance in the Government of Pakistan. The Minister is responsible each year for presenting the federal government's budget to ...

between 2010 and 2013 and Provincial Minister for Finance and Planning in

Government of Sindh The Government of Sindh ( sd, حڪومت سنڌ) ( ur, ) is the provincial government of the province of Sindh, Pakistan. Its powers and structure are set out in the provisions of the 1973 Constitution, in which 30 Districts of 7 Divisions u ...

between 2000 and 2002. He also had been member of the

Senate of Pakistan Senate of Pakistan or Aiwān-e-Bālā Pākistān ( ur, , , literally "Pakistan upper house"), is the upper legislative chamber of the bicameral legislature of Pakistan, and together with the National Assembly makes up the Parliament of Pakista ...

from 2003 to 2006 and again from 2006 to 2012 and then again from 2012 and 2018. From 18 April 2019 to 11 December 2020 he served as an advisor to the

Prime Minister of Pakistan The prime minister of Pakistan ( ur, , romanized: Wazīr ē Aʿẓam , ) is the head of government of the Islamic Republic of Pakistan. Executive authority is vested in the prime minister and his chosen cabinet, despite the president of Paki ...

for

Finance Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of fina ...

after the cabinet reshuffle by Prime Minister

Imran Khan Imran Ahmed Khan Niazi ( ur}; born 5 October 1952) is a Pakistani politician and former Cricket captain who served as the 22nd Prime Minister of Pakistan from August 2018 to until April 2022, when he was ousted through a no-confidenc ...

.author
"Major reshuffle: Fawad Chaudhry's ministry changed, Hafeez Sheikh appointed advisor on finance"
''Dawn News'', 18 April 2019. Retrieved 18 April 2019. Since 11 December 2020, he had served as the federal minister of finance and revenue affairs. He was removed as Minister of Finance on 29 March 2021, in lieu of heavy public pressure on

because of rising inflation. He was replaced by

Hammad Azhar Muhammad Hammad Azhar () is a Pakistani politician from Pakistan Tehreek-e-Insaf. He was elected from NA-126 (Lahore-IV) in 2018 Pakistani general election and remained a member of National Assembly of Pakistan between August 2018 to April 202 ...

. On March 30 2021, he tested positive for Covid-19.

Early life and education

He was born in

Jacobabad Jacobabad ( ur, and sd, جيڪب آباد; formerly Khanger or Khangarh) is a city in Sindh, Pakistan, serving as both the capital city of Jacobabad District and the administrative center of Jacobabad Taluka, an administrative subdivision ...

Sindh Sindh (; ; ur, , ; historically romanized as Sind) is one of the four provinces of Pakistan. Located in the southeastern region of the country, Sindh is the third-largest province of Pakistan by land area and the second-largest province ...

. He holds Masters and Doctorate degree in Economics from the

Boston University Boston University (BU) is a private research university in Boston, Massachusetts. The university is nonsectarian, but has a historical affiliation with the United Methodist Church. It was founded in 1839 by Methodists with its original campu ...

Academic career

Shaikh well-known work includes a book on Argentina's

privatisation Privatization (also privatisation in British English) can mean several different things, most commonly referring to moving something from the public sector into the private sector. It is also sometimes used as a synonym for deregulation when ...

program. After his higher education, Shaikh joined the faculty of

Harvard University Harvard University is a private Ivy League research university in Cambridge, Massachusetts. Founded in 1636 as Harvard College and named for its first benefactor, the Puritan clergyman John Harvard, it is the oldest institution of higher le ...

Cambridge, Massachusetts Cambridge ( ) is a city in Middlesex County, Massachusetts, United States. As part of the Boston metropolitan area, the cities population of the 2020 U.S. census was 118,403, making it the fourth most populous city in the state, behind Boston, ...

where he led a research project for his doctoral students. While at Harvard, he also advised several countries on their economic policies and programs.

Political career

In 2000, he was made the Provincial Minister of Sindh for Finance and Planning in the military government. He was elected to the

as a candidate of

Pakistan Muslim League (Q) The Pakistan Muslim League (Quaid e Azam Group) ur, ; ''Pākistān Muslim Līg (Qāf)'', Acronyms: PML(Q), PML-Q, PMLQ, "Q League") is a Conservative nationalist political party in Pakistan. As of the 2018 parliamentary election, it has a re ...

from Sindh in March 2003. He had been member of the Senate between 2003 and 2006. Later in April 2003, he was made the Federal Minister for Privatisation in Musharraf government. He was again elected to the

as a candidate of

Pakistan Peoples Party The Pakistan People's Party ( ur, , ; PPP) is a centre-left, social-democratic political party in Pakistan. It is currently the third largest party in the National Assembly and second largest in the Senate of Pakistan. The party was founded ...

(PPP) from Sindh in March 2006. He had been member of the Senate between 2006 and 2012. In March 2010, he was made the

in Gillani ministry. He was again elected to the

as a candidate of PPP from Sindh in 2012. He had been member of the Senate between 2012 and 2016. In February 2013, he resigned as the Finance Minister of Pakistan. In April 2019, he was appointed as an Advisor to the

for

after a cabinet reshuffle by Prime Minister

. On 11 December 2020, He was appointed as Federal Minister of Finance and Revenue. He was removed from his office as federal minister for finance and revenue on 29 March 2021. He contested for the

2021 Pakistani Senate election The 2021 Pakistani Senate election was held on 3 March 2021. The Election commission of Pakistan announced the election schedule on 11 February 2021. 52 of the 104 Senators had retired on 7 February 2021. After the merger of the Federally Admini ...

on a general seat from the

National Assembly of Pakistan The National Assembly ( ur, , translit=Aiwān-e-Zairīñ, , or ur, قومی اسمبلی, Romanization, romanized: ''Qaumi Assembly'') is the lower house, lower legislative house of the bicameralism, bicameral Parliament of Pakistan, which al ...

. He got 164 votes and lost to his rival Syed Yousuf Raza Gillani, who got 169 votes.

Other activities

Islamic Development Bank The Islamic Development Bank ( ar, البنك الإسلامي للتنمية, abbreviated as IsDB) is a multilateral development finance institution that is focused on Islamic finance for infrastructure development and located in Jeddah, Saudi ...

, Ex-Officio Member of the Board of Governors (since 2019) *

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 2019)Board of Governors

References

{{DEFAULTSORT:Shaikh, Abdul Hafeez Living people Pakistani economists Pakistani senators (14th Parliament) Pakistan Muslim League (Q) politicians Pakistan People's Party politicians Harvard University faculty Year of birth missing (living people) Boston University College of Arts and Sciences alumni Finance Ministers of Pakistan Provincial ministers of Sindh Imran Khan administration Government of Yousaf Raza Gillani People from Jacobabad District Private equity and venture capital investors Pakistani expatriates in the United States