ISLAMABAD Prime Minister Syed Yousuf Raza Gilani on Thursday appointed Dr Abdul Hafeez Sheikh as his Finance Advisor. Notification in this regard was also issued on the same day (Thursday). According to the official statement, Dr Abdul Hafeez Sheikh holds degree of PhD in Economics and has authored many publications. He is an economist of international repute with over 30 years of experience in economic policymaking, management and implementation. He was a highly regarded member of the Senate and was Chairman of the Senates Committee on World Trade Organisation. He worked with the World Bank as country head for Saudi Arabia and as a senior official advised 21 countries in Asia, Africa, Europe and Latin America. He also worked as minister for finance, planning and development, Sindh, from 2000 to 2002, federal minister for investment and privatisation, from 2003 to 2006 and general partner, International Investment Fund. Hafeez had a highly successful tenure as minister for finance, planning & development in Sindh during 2000-2002. He was the architect of the financial recovery of Sindh, restoring financial discipline, reducing taxes, increasing revenues, paying over Rs 20 billion of old bills, clearing the overdraft of State Bank of Pakistan of Rs 11 billion, increasing allocation for poverty alleviation, social sector and development and enhancing relationship of Sindh Government with international donor agencies. His three years as the federal minister for privatisation & investment were the most successful in Pakistans history. Thirty-four transactions worth over US $5 billion were completed in a transparent fashion. The period saw foreign direct Investment increase from $1 billion to $5 billion. He was awarded Pakistans Man of the Year in 2004 by the business community in recognition of his contributions to the country. Hafeezs international experience includes assignments in Saudi Arabia, Sri Lanka, Indonesia, Malaysia, Philippines, Thailand, Vietnam, Romania, Czech Republic, Iran, Kuwait, Argentina, Bangladesh, Jordan, Qatar, Malta, Botswana, Tanzania, Ghana and Libya.