Youssef Raouf Boutros-Ghali or YBG (Arabic: يوسف رؤوف بطرس غالي; born 20 August 1952) is an Egyptian economist who served in the government of Egypt as Minister of Finance from 2004 to 2011.
He gained profound knowledge of the economic problems and policy challenges of countries as diverse as the Sudan, Ivory Coast, the Philippines, China, Brazil, the Dominican Republic, and Mexico.
He also headed the negotiations leading to the Qualified Industrial Zone (QIZ) agreement between Egypt, the United States, and Israel, established in 2004.
He is credited with implementing a series of reforms that helped modernize and reinvigorate the Egyptian economy and deepen its global integration.
Chief among these is a major income tax and trade reforms, coupled with deregulation and liberalization in key areas of economic activity.
Boutros-Ghali received the Emerging Markets Award for Finance Minister of the Year for the Middle East Region twice (2005 and 2006).
Throughout Boutros-Ghali worked to promote consensus on the Fund's most pressing reform agenda, particularly on governance reforms to enhance legitimacy and evenhandedness in surveillance, establishing a new and sustainable income model for the Fund, and adapting its instruments to better suit the evolving needs of the membership in a global economy.
[1][2][3] Then, on 4 February 2011, the IMF reported that Boutros-Ghali had resigned the Chairmanship of the International Monetary and Financial Committee (IMFC).
[citation needed] Boutros-Ghali speaks fluent Arabic, English, French, Italian and Spanish.