Muhammad Shoaib

Muhammad Shoaib (Urdu: محمد شعیب) (1907 13 May 1976[1]) was the Finance Minister of Pakistan for eight years (15 November 1958 – 8 June 1962 and 15 December 1962 – 23 March 1965) during General Ayub Khan's regime.[2]

Muhammad Shoaib
4th & 6th Minister of Finance
In office
15 December 1962  25 August 1966
PresidentAyub Khan
Preceded byAbdul Qadir
Succeeded byN M Uqaili
In office
15 November 1958  8 June 1962
PresidentAyub Khan
Preceded bySyed Amjad Ali
Succeeded byAbdul Qadir
Personal details
Born1907
Amilo, Azamgarh, United Provinces, British India
Died13 May 1976 (aged 70)
ChildrenNafis Sadik (daughter)
Alma materAllahabad University

Early life and career

He was born in 1907 at Amilo, Azamgarh, Uttar Pradesh, British India. He was married to Iffat Ara. He has a daughter named Nafis Sadik, who has a long distinguished career track record with the United Nations in the area of 'Family Planning and World Population control'.[3]

Muhammad Shoaib is widely criticized for disapproving the Pakistan Atomic Energy Commission's agreement with General Electric of Canada to build a 137 MW Nuclear power plant in Pakistan. Munir Ahmad Khan (then IAEA scientist) urged him for support but his diplomatic decisions created serious delay in Nuclear technology development of the country.[4]

He resigned his position on 23 March 1965 as Finance Minister to join the World Bank as an advisor. He was associated with the World Bank for 20 years and had retired in 1975.[2][1]

Death

Muhammad Shoaib died at his home near Washington, D. C. on 13 May 1976 at age 70.[1]

Political offices
Preceded by
Syed Amjad Ali
Finance Minister of Pakistan
1958 1962
Succeeded by
Abdul Qadir
Preceded by
Abdul Qadir
Finance Minister of Pakistan
1962 1965
Succeeded by
N M Uqaili

See also

  • Nafis Sadik (United Nations Under-Secretary-General) (late Muhammad Shoaib's daughter)

References

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