Muhammad Shoaib

  (Redirected from Muhammad Shoaib (politician))

Muhammad Shoaib (Urdu: محمد شعیب‎) (1907 – 13 May 1976[1]) was the Finance Minister of Pakistan for eight years (November 15, 1958 – June 8, 1962 and December 15, 1962 – March 23, 1965) during General Ayub Khan's regime.[2]

Muhammad Shoaib
4th & 6th Minister of Finance
In office
15 December 1962 – 25 August 1966
PresidentAyub Khan
Preceded byAbdul Qadir
Succeeded byN M Uqaili
In office
15 November 1958 – 8 June 1962
PresidentAyub Khan
Preceded bySyed Amjad Ali
Succeeded byAbdul Qadir
Personal details
Amilo, Azamgarh, United Provinces, British India
Died13 May 1976 (aged 70)
ChildrenNafis Sadik (daughter)
Alma materAllahabad University

Early life and careerEdit

He was born in 1907 at Amilo, Azamgarh, Uttar Pradesh, British India. He was married to Iffat Ara. He has a daughter named Nafis Sadik, who has a long distinguished career track record with the United Nations in the area of 'Family Planning and World Population control'.[3]

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 (then IAEA scientist) urged him for support but his diplomatic decisions created serious delay in Nuclear technology development of the country.[4]

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.[2][1]


Muhammad Shoaib died at his home near Washington, D. C. on 13 May 1976 at age 70.[1]

Political offices
Preceded by
Syed Amjad Ali
Finance Minister of Pakistan
1958 – 1962
Succeeded by
Abdul Qadir
Preceded by
Abdul Qadir
Finance Minister of Pakistan
1962 – 1965
Succeeded by
N M Uqaili

See alsoEdit

  • Nafis Sadik (United Nations Under-Secretary-General) (late Muhammad Shoaib's daughter)


  1. ^ a b c "Mohamed Shoaib, 70, Dies; Ex‐Pakistan Finance Chief". The New York Times. 14 May 1976. ISSN 0362-4331. Retrieved 6 October 2019.
  2. ^ a b "From the past pages of Dawn: 1966: Fifty years ago: New Finance Minister". Dawn (newspaper). 13 July 2016. Retrieved 5 July 2018.
  3. ^ Fighting Population With Women's Rights: Meeting: Nafis Sadik has spent years promoting family planning. The head of this week's U.N. conference sees equality as key to controlling world's numbers Los Angeles Times (newspaper), Published 4 September 1994, Retrieved 8 July 2018
  4. ^ Asim Farooq (24 December 2016). "Pakistan Nuclear Program - History, Names to Remember (1947 - 1998) [Muhammad Shoaib was averse to Pakistan Nuclear Program]". Today In Pakistan (newspaper). Retrieved 15 July 2018.