Ahmed Abu Ismail

Ahmed Abu Ismail (1915–2013) was an Egyptian economist and politician, who served as minister of finance in the 1970s.

Early life and education Ismail was born in Samannud in March 1915.

Career Following his graduation Ismail worked at the University of London and returned to Egypt in 1948.

Although Ismail acted as the leader of opponents of the public economy policy implemented by President Anwar Sadat, he was appointed finance minister on 16 April 1975, replacing Mohammed Hamdi El Nashar in the post. The cabinet was led by Prime Minister Mamdouh Salem.

Ismail adhered to a liberal economic approach, but he was an advocate of the price control and the increased level of subsidies to improve the economy of Egypt when he was in office. Ismail's tenure ended on 19 November 1976 when he was dismissed due to his opposition over the policies imposed by the International Monetary Fund.