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From Wikipedia, the free encyclopedia
Morsi El Sayed Hegazy is an Egyptian academic and economist who as briefly finance minister, from 6 January to 7 May 2013. He was the fifth finance minister of Egypt since 2011.[1]
Morsi El Sayed Hegazy | |
---|---|
Minister of Finance | |
In office 5 January 2013 – 7 May 2013 | |
President | Mohamad Morsi |
Prime Minister | Hesham Qandil |
Preceded by | Momtaz Saeed |
Succeeded by | Fayyad Abdel Moneim |
Personal details | |
Political party | Independent |
Alma mater | Alexandria University Connecticut University |
Hegazy has a master's degree in economics, which he obtained from Alexandria University in 1976.[2] He received a PhD in economics from Connecticut University in 1985.[2][3]
Hegazy began his career at Alexandria University in 1986 and was a professor[ambiguous] of economics there.[2] His speciality is public finance.[4] He is also interested in Islamic finance.[1][4]
He was appointed finance minister in a reshuffle to the cabinet of Hisham Qandil on 6 January 2013[5] to replace Momtaz El Saeed.[5][6] Hegazy is not a member of any political party.[7] However, he is close to the Muslim Brotherhood group.[8]
Hegazy's term ended on 7 May 2013 and he was replaced in the post by Fayyad Abdel Moneim.[9] Hegazy played a significant role in talks with the IMF to secure a $4.8bn loan when he was in office.[10]
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