Mohammad al-Hussein

Mohammad al-Hussein
محمد الحسين
Minister of Finance
In office
18 September 2003  2011
President Bashar Assad
Prime Minister Mohammad Naji Al Otari
Preceded by Mohammad Al Atrash
Deputy Prime Minister for Economic Affairs
In office
13 December 2001  10 September 2003
President Bashar Assad
Prime Minister Muhammad Mustafa Mero
Preceded by Khalid Raad
Member of the Regional Command of the Syrian Regional Branch
In office
21 June 2000  8 July 2013
Personal details
Political party Syrian Regional Branch of the Arab Socialist Ba'ath Party

Mohammad al-Hussein (Arabic: محمد الحسين) is a Syrian economist and politician who is a member of the Ba'ath Party. He served in different cabinet positions.

Education

Hussein holds a PhD in economy, which he received from a university in Romania.[1]

Career

Hussein started his career in the public sector and worked for a long time there.[2] He also served as an economy professor at Aleppo University.[3] Then he became a member of the Baath Party's ruling regional command.[1][2] In addition, he served as the head of the party's committee of economic affairs.[1] In 2000, he became a member of the party's central committee.[4][5]

On 13 December 2001, Hussein was appointed deputy prime minister for economic affairs in the cabinet headed by then prime minister Mohammad Mustafa Mero.[6] Hussein replaced Khalid Raad as deputy prime minister.[7] Hussein's term lasted until 2003. In September 2003, he was appointed finance minister, replacing Mohammad Al Atrash.[8][9][10] The cabinet, formed on 18 September 2003, was headed by then prime minister Mohammad Naji Al Otari.[1][11] Hussein retained his post in the cabinet reshuffles of 2006 and 2009.[12][13] During his tenure as a minister of finance, Economy was flourishing, private banks and private insurance institutes were legalized in Syria, Syrians were very thankful for the new laws and reforms he established to promote the population standard of living, for instance the significant reduce of the tax imposed on cars from 255% to 60%, Another example of the financial revolution during his term is reducing the income tax from 92% to 28%, he also canceled plenty of old and outdated laws, moreover Hussein boosted the financial sector in Syria by establishing the first stock market in Syria. In addition he played a vital role in negotiating with the Russian government to settle the remaining of Syria's national debts, However, his tenure ended in 2011.[14]

References

  1. 1 2 3 4 "Mohammad Naji Al Otari". Free Library. Retrieved 24 February 2013.
  2. 1 2 Hinnebusch, Raymond (2011). "The Ba'th Party in Post-Ba'thist Syria: President, Party and the Struggle for ‘Reform’". Middle East Critique 20 (2): 109–125. doi:10.1080/19436149.2011.572408. Retrieved 11 March 2013.
  3. Bar, Shmuel (2006). "Bashar’s Syria: The Regime and its Strategic Worldview" (PDF). IPS. Retrieved 12 March 2013.
  4. Bruce Maddy-Weitzman (2002). Middle East Contemporary Survey, Vol. 24, 2000. The Moshe Dayan Center. p. 558. ISBN 978-965-224-054-5. Retrieved 8 March 2013.
  5. Moubayed, Sami (July 2005). "Syria: Reform or Repair?" (PDF). Arab Reform Bulletin 3 (6). Retrieved 8 March 2013.
  6. "Syria". The Wednesday Report. Retrieved 24 February 2013.
  7. "Profile - Dr. Mohammed Al Hussain". APS Review Downstream Trends. 15 April 2002. Retrieved 9 March 2013.
  8. "Syria". MEDEA. Retrieved 24 February 2013.
  9. "Events in September 2003". Rulers. Retrieved 9 February 2013.
  10. "New cabinet formed in Syria". Albawaba. 18 September 2003. Retrieved 24 February 2013.
  11. "Syria's PM appoints new cabinet". BBC. 18 September 2003. Retrieved 24 February 2013.
  12. "Major cabinet reshuffle". Wikileaks. 13 February 2006. Retrieved 25 March 2013.
  13. "President Assad's Cabinet Reshuffle". Wikileaks. 29 April 2009. Retrieved 24 February 2013.
  14. "taxe performance Reshuffle".
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