Muhammad Ali Al-Huwayj ( ar, محمد علي الحويج) is a

Libya Libya (; ar, ليبيا, Lībiyā), officially the State of Libya ( ar, دولة ليبيا, Dawlat Lībiyā), is a country in the Maghreb region in North Africa. It is bordered by the Mediterranean Sea to the north, Egypt to Egypt–Libya bo ...

politician A politician is a person active in party politics, or a person holding or seeking an elected office in government. Politicians propose, support, reject and create laws that govern the land and by an extension of its people. Broadly speaking, a ...

who served as

Secretary of Finance The Secretariat of the Treasury and Public Credit ( es, Secretaría de Hacienda y Crédito Público, SHCP) is the finance ministry of Mexico. The Secretary of the Treasury is the head of the department, and is a member of the federal executive ...

of the

General People's Committee of Libya The General People's Committee ( ar, اللجنة الشعبية العامة, ''al-lajna ash-sha'biyya al-'āmma''), often abbreviated as the GPCO, was the executive branch of the government of Libya, during the existence of Muammar Gaddafi's ...

from 2004 to 2006 and from 2007 to 2009. He replaced former GPCO

, Dr. Ahmed Munaysi Abd-al-Hamid.

Activities

Since sanctions against Libya were eased in April 2004, Al-Huwayj has attempted to attract foreign investors and accelerate a domestic privatization campaign. For example, in 2005 Al-Huwayj argued, "with a

GDP Gross domestic product (GDP) is a monetary measure of the market value of all the final goods and services produced and sold (not resold) in a specific time period by countries. Due to its complex and subjective nature this measure is ofte ...

USD The United States dollar (symbol: $; code: USD; also abbreviated US$ or U.S. Dollar, to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official ...

$21 billion and a relatively small population of 5.8 million people, Libya is a wealthy country. Libya has no financial problems, almost no foreign debt and is the most stable country in the region."

Other activities

Before becoming a minister, Al-Huwayj was head of the

Libyan Arab Foreign Investment Company Demographics of Libya is the demography of Libya, specifically covering population density, ethnicity, education level, health of the populace, economic status, and religious affiliations, as well as other aspects of the Libyan population. The ...

(LAFICO). Al-Huwayj is also on the

board of directors A board of directors (commonly referred simply as the board) is an executive committee that jointly supervises the activities of an organization, which can be either a for-profit or a nonprofit organization such as a business, nonprofit organiz ...

for the Libyan Investment Corporation (LIC), which was established in 2007 as a

holding company A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies ...

with a mandate to manage state enterprises, such as the Fund for Africa and the Economic and Social Development Fund. Abdul-Hafiz Zlitni is deputy chairman for (LIC). Other board member include Planning Secretary Taher al-Juhaymi and

Farhat Bengdara Farhat Omar Bengdara ( ar, فرحات عمر بن قداره, 27 September 1965 in Benghazi) is a Libyan politician and banker who was the governor of the Central Bank of Libya (CBL) until he defected to the anti-Gaddafi side in the course of the ...

, who is governor for the

Central Bank of Libya The Central Bank of Libya (CBL) is the monetary authority in Libya. It has the status of an autonomous corporate body. The law establishing the CBL stipulates that the objectives of the central bank shall be to maintain monetary stability in Liby ...

. LIC's President and

Chief Executive Officer A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially ...

Muhammad Layas Mohammed H. Layas is a prominent Libyan politician and investment banker. Education He obtained a Bachelor of Arts degree in Accounting and Business Management from the University of Benghazi, Libya, and a Diploma of the Institute of Economic D ...

who previously chaired the

Libyan Arab Foreign Bank Libyan Foreign Bank (LFB) was established in 1972 in Tripoli, Libya as Libyan Arab Foreign Bank; it was renamed Libyan Foreign Bank in 2005. It was Libya's first offshore banking institution licensed to operate internationally. The Central Bank o ...

(LAFB).Goliath.com ''Libya: The Government''
/ref>

Notes

{{DEFAULTSORT:Huwayj, Muhammad Members of the General People's Committee of Libya Living people Finance ministers of Libya Year of birth missing (living people)