Yousef Boutros-Ghali, Egypt’s minister of economy since July 1997, has the perfect curriculum vitae for overseeing an economy in transition. Formerly an IMF economist, Boutros-Ghali’s new responsibilities include overseeing the development of Egypt’s capital markets and its insurance sector.
As economy minister Boutros-Ghali has made “a world of difference”, says Andre Hovaguimian, director of investments for North Africa, the Middle East and Central Asia at the IFC in Washington. “I have charge of 23 countries and I rank him as one of the best economy ministers.
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