Muhammad Shoaib


Muhammad Shoaib was a Pakistani politician who served as the finance minister of Pakistan from 15 November 1958 to 8 June 1962 and again from 15 December 1962 to 23 March 1965.

Early life and career

He was born in 1907 at Amilo, Azamgarh, Uttar Pradesh, British India.
Muhammad Shoaib is widely criticized for disapproving the Pakistan Atomic Energy Commission's agreement with General Electric of Canada to build a 137 MW Nuclear power plant in Pakistan. Munir Ahmad Khan urged his support but his diplomatic decisions created serious delay in Nuclear technology development of the country.
He resigned his position on 23 March 1965 as Finance Minister to join the World Bank as an advisor. He was associated with the World Bank for 20 years and had retired in 1975.

Personal life

Muhammad Shoaib was married to Iffat Ara and they had a daughter named Nafis Sadik, a world population control activist.

Death

Muhammad Shoaib died at his home near Washington, D.C. on 13 May 1976 at age 70.