1807
Prince Ibrahim Bey
Defterdar (chief treasurer) of Egypt
Arab Republic of EgyptSunday, 18 October 2026
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A Rich History
For ages, conflicts have broken out in Egypt over who has the right to collect revenues and spend them in matters related to public and national interest. In Mohammed Ali’s era, attention had been paid to state finance to be able to obtain the money necessary to create his own kingdom. Therefore, he divided the government into different departments and created bureaus including Finance.
170+
Years
A Journey Through Time
In Mohammed Ali time, the first primitive budget had been made for his belief that the state’s power lies in its budget. s successors followed him, where Mohammed Said transformed some Bureaus or Departments into ministries issuing a decree on February 26, 1876, stipulating the new system he introduced in the general management including creating the first finance ministry chaired by prince Moustafa Fadhil.
- In Khedive Ismail’s era, the Ministry of Finance was headed by Ismail Siddiq, known as, Ismail El-Mufatish (the Inspector) from 1868 to 1876. He is still to be remembered in Egypt as his palace has become the Finance Ministry’s headquarters at Lazoughli Square.
- Before the 1952 July Revolution, the state finance organization had been made according to bases set by the British advisors to serve the interests of foreign occupation and its alliances. Then, the 1952 July Revolution occurred whose first tasks were to re-organize the state finance. For the first time, there is a new phenomenon to expand the appropriations allocated to the purposes of economic and social development. Thus, organizing the state finance passed with successive historical phases, each of which reflects the prevailing social system.
- When reviewing activities of The Finance Ministry since its inception, we find,in addition to burdening the task of determining the state usages and providing their resources, Finance Ministry has been assuming other duties later abandoned and turned to be other authorities or ministries such as Properties Department whose part of which has become affiliated to Ministry of Agriculture, while the other part to the Ministry of Housing. The General Department of the Government Employees was later turned to be the Employees Bureau, then to the Central Agency for Regulation and Management.
- On March 15, 1958, a presidential decree was issued to change the name of the Finance Ministry to the Ministry of Treasury. In March 1973 the presidential decree no.49 of 1973 was issued to merge ministries of Finance, Economy and Foreign Trade in one ministry. In April 1974 Ministry of Finance was separated from Economy and Foreign Trade to be named the Finance Ministry till now. Under the Ministry of Finance, The General Department for Accounts has been transformed into the General Department for the Government Accounts, Purchases Stores and Inspection. Then it was limited to the Government Accounts. In 1969, the General Authority for Government Services was created to take over the special tasks of warehouses and purchases. Moreover, the General Directorates in governorates were created chaired by the Finance Ministry’s representatives to support the municipal authorities.
Former Ministers
1807
Prince Ibrahim Bey
Defterdar (chief treasurer) of Egypt
1841
Mohamed Sherif Pasha
Father of Ali Sherif Pasha — Director of Finance
1854
Ali Zulfikar Pasha
Treasurer of His Highness at the Egyptian Treasury
1856
Prince Mustafa Bey Fadhil
First Minister of Finance
1857
Abdullah Ezzat Al-Arnaouti Pasha
Nazir of Finance
1858
Mahmoud Nami Pasha
Nazir of Finance
1859
Ismail Ragheb Pasha
Nazir of Finance
1868
Ismail Sidiq Pasha (the Inspector)
Nazir of Finance
1876
Prince Hussein Kamel Pasha
Nazir of Finance
1878
Mustafa Riaz Pasha
Acting Nazir of Finance in the Nubar Pasha cabinet
1878
Sir Rivers Wilson
Nazir of Finance in the cabinets of Nubar Pasha and Crown Prince Mohamed Tewfik Pasha
1879
Ismail Ayoub Pasha
Nazir of Finance in the second cabinet of Mohamed Sherif Pasha
1879
Ali Haidar Yeghen Pasha
Nazir of Finance during a period without a cabinet
1882
Abdel Rahman Roshdy Bey
Nazir of Finance in the Ismail Ragheb Pasha cabinet
1887
Mohamed Zaki Pasha
Nazir of Finance in the Nubar Pasha cabinet
1893
Boutros Ghali Pasha
Nazir of Finance in the cabinets of Fakhri Pasha and Riaz Pasha
1894
Ahmed Mazloum Pasha
Nazir of Finance in the cabinets of Nubar Pasha and Mustafa Fahmy Pasha
1908
Ahmed Heshmat Pasha
Nazir of Finance in the Boutros Ghali Pasha cabinet
1910
Youssef Saba Pasha
Nazir of Finance in the Mohamed Said Pasha cabinet
1912
Ahmed Helmy Pasha
Nazir of Finance in the Mohamed Said Pasha cabinet
1913
Saeed Zulfikar Pasha
Nazir of Finance in the Mohamed Said Pasha cabinet
1914
Youssef Wahbah Pasha
Minister of Finance in the cabinets of Hussein Rushdi Pasha and Mohamed Said Pasha, then in his own cabinet
1920
Mahmoud Fakhry Pasha
Minister of Finance in the Mohamed Tawfik Nasim Pasha cabinet
1921-1922
Ismail Sidky Pasha
Minister of Finance in the cabinets of Adly Yakan Pasha and Sarwat Pasha
1922-1923
Youssef Suleiman Pasha
Minister of Finance in the Nasim Pasha cabinet
1923
H.E. Mohammed Moheb Pasha
Minister of Finance in the cabinet of H.E. Yehia Ibrahim Pasha
1923
Ahmed Heshmat Pasha
Minister of Finance in the cabinet of H.E. Yehia Ibrahim Pasha
1924
Ali El-Shamsi Effendi
Minister of Finance in the Saad Zaghloul Pasha cabinet
1924
H.E. Youssef Cattaui Pasha
Minister of Finance in the Ziwar Pasha cabinet
1924
H.E. Mohamed Tawfik Nasim Pasha
Minister of Finance in the Saad Pasha cabinet
1926
Morcos Hanna Pasha
Minister of Finance in the second Adly Yakan Pasha cabinet
1927-1928
Mohamed Mahmoud Pasha
Minister of Finance in the cabinets of Sarwat Pasha and El-Nahas Pasha
1927-1929
Ismail Sidky Pasha
Minister of Finance in the Mohamed Mahmoud Pasha cabinet
1928
Dr. Ahmed Maher
Minister of Finance in the Mohamed Mahmoud Pasha cabinet
1928
Ali Maher Pasha
Minister of Finance in the first Mohamed Mahmoud Pasha cabinet
1929
Mustafa Maher Pasha
Minister of Finance in the third Adly Pasha cabinet
1930
Makram Ebeid Effendi
Minister of Finance in the second El-Nahas Pasha cabinet
1930-1933
Ismail Sidky Pasha
Minister of Finance in the Sidky Pasha cabinet
1932-1936
Ahmed Abdel Wahab Pasha
Minister of Finance in the cabinets of Tawfik Nasim Pasha and Ali Maher Pasha
1933
Hassan Sabry Bey
Minister of Finance in the Abdel Fattah Yehia Pasha cabinet
1936-1937
Makram Ebeid Pasha
Minister of Finance in the Mostafa El-Nahas Pasha cabinet
1939
Hussein Sirri Pasha
Minister of Finance in the Ali Maher Pasha cabinet
1940
Abdel Hamid Suleiman Pasha
Minister of Finance in the Hassan Sabry Pasha cabinet
1940
Mahmoud Fahmy El-Nokrashy Pasha
Minister of Finance in the Hassan Sabry Pasha cabinet
1940
Hassan Sadek Bey
Minister of Finance in the Hussein Sirri Pasha cabinet
1941
Abdel Hamid Badawi Pasha
Minister of Finance in the Hussein Sirri Pasha cabinet
1942
Hussein Sirri Pasha
Minister of Finance in the Hussein Sirri Pasha cabinet
1942
Kamel Sidky Pasha
Minister of Finance in the Mostafa El-Nahas Pasha cabinet
1943
Amin Osman Pasha
Minister of Finance in the Mostafa El-Nahas Pasha cabinet
1944-1946
Makram Ebeid Pasha
Minister of Finance in the cabinets of Ahmed Maher Pasha and Mahmoud Fahmy El-Nokrashy
1946
Ismail Sidky Pasha
Minister of Finance in the Ismail Sidky Pasha cabinet
1946
Mr. Abdel Rahman El-Beily
Minister of Finance in the Ismail Sidky Pasha cabinet
1946
Ibrahim Abdel Hadi Pasha
Minister of Finance in the Mahmoud Fahmy El-Nokrashy Pasha cabinet
1947
Abdel Meguid Badr Pasha
Minister of Finance in the Mahmoud Fahmy El-Nokrashy Pasha cabinet
1948
Ibrahim Abdel Hadi Pasha
Minister of Finance in the Ibrahim Abdel Hadi Pasha cabinet
1949
Hussein Fahmy Bey
Minister of Finance in the cabinets of Ibrahim Abdel Hadi Pasha and Hussein Sirri Pasha
1949
Abdel Shafi Abdel Motaal Pasha
Minister of Finance in the Hussein Sirri Pasha cabinet
1950
Dr. Mohamed Zaki Abdel Motaal
Minister of Finance in the Mostafa El-Nahas Pasha cabinet
1950
Mohamed Fouad Serageldin Pasha
Minister of Finance in the Mostafa El-Nahas Pasha cabinet
1952
Dr. Mohamed Zaki Abdel Motaal
Minister of Finance in the Ali Maher Pasha cabinet
1952
Dr. Mohamed Zaki Abdel Motaal Pasha
Minister of Finance and Economy in the cabinet of H.E. Ahmed Naguib El-Hilaly Pasha
1952
Naguib Ibrahim Pasha
Minister of Finance and Economy in the Hussein Sirri Pasha cabinet
1952-1954
Dr. Abdul Galil Ibrahim Oumary Bey
Minister of Finance and Economy in the cabinets of Ali Maher Pasha and Mohamed Naguib
1954
Dr. Ali El-Gritly
Minister of Finance and Economy in the Gamal Abdel Nasser cabinet
1954
Dr. Abdel Hamid El-Sherif
Minister of Finance and Economy in the Gamal Abdel Nasser cabinet
1958
Hassan Abbas Zaki
Minister of Finance in the Gamal Abdel Nasser cabinet
1958
Hassan Salah El-Din
Minister of Finance in the Gamal Abdel Nasser cabinet
1961
Abdul Latif Mahmoud El-Baghdadi
Vice-President and Minister of Treasury and Planning
1962
Ahmed Zendo
Deputy to Minister Abdul Latif El-Baghdadi in the Gamal Abdel Nasser cabinet
1962
Dr. Abdul Mon’em El-Quaisuni
Minister of Finance in the first Ali Sabry cabinet
1964
Dr. Nazeeh Ahmed Dhaif
Minister of Finance in the second Ali Sabry cabinet
1968
Dr. Abdul Aziz Hegazi
Minister of Finance in the tenth and last Gamal Abdel Nasser cabinet
1974
Mr. Mohammed Abdul Fatah Ibrahim
Minister of Finance in the second Anwar El-Sadat cabinet
1974-1975
Dr. Mohammed Hamdi El-Nashar
Minister of Finance in the cabinet of Dr. Abdul Aziz Hegazi
1975-1976
Dr. Ahmed Abu Ismail
Minister of Finance in the second Mamdouh Salem cabinet
1976-1978
Dr. Mahmoud Salah El-Deen Hamid
Minister of Finance in the third Mamdouh Salem cabinet
1978-1980
Dr. Ali Lutfi
Minister of Finance in the first cabinet of Dr. Mustafa Khalil
1980-1982
Dr. Abdul Razaq Abdul Mageed
Deputy Prime Minister for Economic and Financial Affairs and Minister of Planning, Finance, Economy and Foreign Trade
1981-1982
Mr. Fuad Kamal Hussein
Minister of State for Finance, with Dr. Abdul Razaq Abdul Mageed continuing as Minister of Finance, in the Hosni Mubarak cabinet
1982-1986
Dr. Mahmoud Salah El-Deen Hamid
Minister of Finance in the first Fouad Mohieddin cabinet
1986-1996
Dr. Mohammed Ahmed El Razaz
Minister of Finance in the first cabinet of Dr. Atef Sedky
1996-1999
Prof. Dr. Mohei El-Deen Abu Bakr El Ghareeb
Minister of Finance in the cabinet of Dr. Kamal El-Ganzoury
1999-2004
Dr. Mohamed Medhat Hassanein
Minister of Finance in the cabinet of Dr. Atef Ebeid
2004
Dr. Youssef Boutros-Ghali
Minister of Finance in the cabinet of Dr. Ahmed Nazif
2011
Dr. Samir Radwan
Minister of Finance in the cabinet of Dr. Ahmed Shafik
2011
Dr. Hazem El-Beblawy
Minister of Finance in the cabinet of Dr. Essam Sharaf
2011-2013
Mr. Momtaz El Said
Minister of Finance in the cabinets of Dr. Kamal El-Ganzoury and Dr. Hesham Qandil
2013
Dr. El Morsy Hegazy
Minister of Finance in the government of Dr. Hesham Qandil
2013
Dr. Fayad Abdel Moniem
Minister of Finance in the government of Dr. Hesham Qandil
2013-2014
Dr. Ahmed Galal
Minister of Finance in the government of Dr. Hazem El-Beblawy
2014-2016
Mr. Hany Kadry Demian
Minister of Finance in the governments of Eng. Ibrahim Mahlab and Eng. Sherif Ismail
2016-2018
Dr. Amr Abdel Aziz El-Garhy
Minister of Finance in the government of Eng. Sherif Ismail
2018-2024
Dr. Mohamed Maait
Minister of Finance
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