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Lebanese economist, academic and politician From Wikipedia, the free encyclopedia
Saadeh Al Shami (Arabic: سعادة الشامي; born 14 April 1954) is a Lebanese economist, academic and politician who has served as the deputy prime minister in the cabinet led by Najib Mikati since 10 September 2021.
Saadeh Al Shami | |
|---|---|
.jpg) Al Shami in 2022 | |
| Deputy Prime Minister of Lebanon | |
| Assumed office 10 September 2021 | |
| President | Michel Aoun |
| Prime Minister | Najib Mikati |
| Preceded by | Zeina Akar |
| Personal details | |
| Born | 14 April 1954 |
| Nationality | Lebanese |
| Political party | Syrian Social Nationalist Party (former) |
Al Shami hails from a Lebanese Greek Orthodox family.[1][2] He was born on 14 April 1954.[3]
From 1987 to 1993 Al Shami was the head of the graduate school of business at the American University of Beirut.[4] He worked at the Lebanese premiership and the finance ministry as a head of the reform commission between 2005 and 2006.[4] Then from 2008 to 2013 he worked at the International Monetary Fund in different positions, including the assistant to the director of the Middle East and Central Asia department.[5] Al Shami also served as the head of Capital Markets Authority in Lebanon between 2013 and 2017.[5] In 2018 he began to work as the group chief economist at the National Bank of Kuwait.[4]
He was a member of the Syrian Social Nationalist Party.[6] In the proposed cabinet by Saad Hariri in July 2021 Al Shami was named as the minister of economy, but the cabinet was not approved by the Lebanese Parliament.[6] He was appointed deputy prime minister in the cabinet formed by Prime Minister Najib Mikati on 10 September 2021.[6]
In April 2022 Shami announced that the Banque du Liban, central bank of Lebanon, went bankrupt: "The state has gone bankrupt as did the Banque du Liban, and the loss has occurred, and we will seek to reduce losses for the people."[7]
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