HYS
H.E. Yasser Sobhi
Ministry of Finance, Egypt
Vice Minister of Finance for Fiscal Policies
Description
Mr. Yasser Sobhi is an expert in fiscal policy and public financial management, currently serving as the Vice Minister of Finance for Fiscal Policies in Egypt since July 2024. In this role, he plays a pivotal part in shaping Egypt’s fiscal policies and overseeing national economic strategies. With over two decades of experience in economic policymaking, Yasser has been integral to the development of fiscal frameworks, both at the national and international levels. Before his current position, Mr. Yasser was a Public Financial Management Advisor at the International Monetary Fund (IMF) Middle East Technical Assistance Centre (METAC).
Based in Beirut, Lebanon, from November 2022 to June 2024, where he worked on public financial management reforms across several countries, including Morocco, Libya, Iraq, and Lebanon and Djibouti. His contributions in these roles ranged from providing technical support on planning, medium-term fiscal frameworks, fiscal risk management, cash management and fiscal reporting.
From 2017 to 2022, he served as a Macro Fiscal Advisor at the IMF’s Fiscal Affairs Department, based in Riyadh, Saudi Arabia. His responsibilities involved supporting the establishment of the Macro-Fiscal Policy Unit at the Saudi Ministry of Finance, advising on macroeconomic and fiscal policy formulation, fiscal risk management and budget reporting, strengthening the establishment and contribution of the macro-fiscal deputyship of the ministry of finance, and participating in budget preparations. His work contributed significantly to Saudi Arabia's development of a Medium-Term Macro-Fiscal Framework.
Mr. Yasser has also held several key positions in Egypt’s Ministry of Finance. He served as the Deputy Minister of Finance for Macro Fiscal Policies from 2015 to 2017, where he helped formulate Egypt's fiscal policies and contributed to high-level economic decision-making. He was also a member of Egypt’s representation at the G20 and played a significant role in the IMF’s Extended Facility Program negotiations. Earlier in his career, he worked as a journalist for Al-Ahram Newspaper in Cairo, covering economic and financial affairs. His background in journalism, combined with his academic qualifications, including a Master of Science in Economic and Business Journalism from Columbia University and a bachelor’s degree in economics from Cairo University, has provided him with a well-rounded perspective on economic issues.
Mr. Yasser is fluent in spoken and written Arabic, English, and French.
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