Mohamed Maait: I Did Not Expect the IMF Position.. I Leave It to History and People to Judge My Term at the Ministry of Finance
Mohamed Maait responds to expectations about his IMF position and affirms representing Egypt and Arab countries.
SUMMARY
Mohamed Maait, Executive Director and Representative of the Arab Group at the IMF and former Minister of Finance, clarifies that he did not expect his new position at the Fund, affirms representing Egypt and Arab countries, denies anxiety about accepting the role, refuses to evaluate his performance at the Ministry of Finance, and highlights Arab countries' support for Fund activities.
KEY HIGHLIGHTS
- Mohamed Maait did not expect his position at the International Monetary Fund.
- He was informed of the nomination by Prime Minister Mostafa Madbouly.
- He affirms representing Egypt and Arab countries at the Fund.
- He denies that countries lose their independence when dealing with the Fund.
- Arab countries like Kuwait and Saudi Arabia fund training centers for the Fund.
CORE SUBJECT
Mohamed Maait's statements regarding his position at the International Monetary Fund
Dr. Mohamed Maait, Executive Director and Representative of the Arab Group on the Executive Board of the International Monetary Fund and former Minister of Finance, responded to questions about whether he expected his international position at the IMF, saying: "I did not expect it, but a person's experiences always diversify and increase throughout life, even until the last moment before death."
He added during a television interview on Al Mehwar channel that he was informed of the nomination by Dr. Mostafa Madbouly, the Prime Minister, noting that he requested to head the Universal Health Insurance Authority after leaving the Ministry of Finance.
He denied feeling any anxiety about accepting the new position at the IMF, explaining that his previous international work experiences, which included periods in England and Scotland, exposed him to the international work environment, saying: "As long as there is an opportunity to learn something new and gain additional experience, one should not hesitate."
He refused to evaluate his performance during his tenure as Minister of Finance, saying: "I cannot judge myself, but people can judge, history can judge, and God Almighty can judge."
He emphasized his loyalty to Egypt within the IMF, saying: "I represent Egypt at the Fund, and I represent the Arab countries, and I am there to look after their interests."
He rejected the idea that countries' dealings with the Fund lead to "loss of their independence," pointing out that some Arab countries finance skill development and capacity-building activities within the Fund.
He noted that Kuwait funds a training center for the Fund, adding that the Kingdom of Saudi Arabia recently established a similar center in Riyadh and funds it with the aim of enhancing efficiency.
KEYWORDS
MENTIONED ENTITIES 5
Mohamed Maait
👤 Person_MaleExecutive Director and Representative of the Arab Group at the International Monetary Fund and former Minister of Finance
Mostafa Madbouly
👤 Person_MalePrime Minister of Egypt
International Monetary Fund
🏛️ OrganizationInternational financial institution
Kuwait
📍 Location_CountryArab country funding a training center for the Fund
Kingdom of Saudi Arabia
📍 Location_CountryArab country that established a training center for the Fund in Riyadh
NOTABLE QUOTES 4
"I did not expect it, but a person's experiences always diversify and increase throughout life, even until the last moment before death."
"As long as there is an opportunity to learn something new and gain additional experience, one should not hesitate."
"I cannot judge myself, but people can judge, history can judge, and God Almighty can judge."
"I represent Egypt at the Fund, and I represent the Arab countries, and I am there to look after their interests."