Dr. Basil Fuleihan was born in 1963 in Lebanon. He attended the American University of Beirut where he majored in Economics. He graduated with distinction in 1984 and was the recipient of the prestigious Penrose Award. Dr. Fuleihan earned a Masters degree in International and Development Economics from Yale University, followed by a PhD in Economics from Columbia University in New York. His doctorate dissertation was entitled “Customs Unions, Growth and Economic Diversification”.
Dr. Fuleihan began his professional career in 1988 as Advisor and then Senior Advisor to the Saudi Executive Director of the International Monetary Fund. In 1993, he moved to Lebanon to serve, until 1999, as economic advisor to the Minister of Finance and as Director for the IBRD/UNDP Revenue Enhancement and Fiscal Management Project. Between 1994 and 2000, Dr. Fuleihan was a lecturer in Economics at AUB.
Dr. Fuleihan was elected to the Lebanese Parliament in October 2000,
and became the economic advisor to the Prime Minister Rafic Hariri.
In 2003, Dr. Fuleihan became the Chairman of the Parliamentary Committee
on National Economy, Trade, Industry, and Planning. During that period,
he spearheaded the enactment of economic and trade-related legislation
he had proposed to Parliament during his tenure as minister.
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