Muhammed Bassem

**Muhammed Bassem, The Baron Bassem** (born 1036) is a Sterdaman politician and economist who has served as the 1st President of the International Monetary Fund since 6 October 2023, 1089 AH. He served as the 1st President of the Board of Trade between 1085 and 1089. He was the second and fifth Prime Minister of Sterdam from 1 January 2023, 1080 AH until 17 June 2023, 1085 AH and from 1 June 2022, 1073 AH until 31 October 2022, 1077 AH. He founded the Nation's Party in 1073. In his first tenure, he succeeded Shady Gomaa and was succeeded by Ayman Sharafudine. In his second tenure, he succeeded Mazen Bassiouny and was succeeded by Malek Elshazly.

## Muhammed Bassem

### Occupation

2nd and 5th Prime Minister of Sterdam (1073-1077) (1080-1085)1st President of the International Monetary Fund (1089-Present)

## Biographical information

### Place of birth

Port Youssef, Sterdam

Bassem was born in Port Youssef, Sterdam in 1036. At the age of 35, he was appointed Minister of Economy and Resources and Acting Minister of Housing and Infrastructure in the Cabinet of Shady Gomaa. In 1073, he won the prime ministerial elections against Ayman Sharafudine and became the country's second Prime Minister. He won the elections again and served for a second term after his main opponent, Malek Elshazly, was arrested for election fraud charges. His second term was extended for two more years by a royal decree. He served for a third term after he won the elections against Ahmed Monir. He left office in 1077 after serving three terms (the number of terms allowed for each person at the time). Ayman Sharafudine then succeeded him as Sterdam's third Prime Minister representing the Nation's Party, the party founded and lead by Bassem. He was appointed Minister of Culture and Tourism in 1078 in the Cabinet of Ayman Sharafudine and later in the Cabinet of Mazen Bassiouny.

In 1080, the office of Prime Minister was renewed. This made Bassem eligible to run for Prime Minister again. He won the prime ministerial elections and became the fifth Prime Minister of Sterdam. Later on, he formed a coalition government with the Freedom Party. He served as Prime Minister for almost 6 years until he was forced to resign after a political crisis caused by a statement issued by the then-Attorney General, Muhammed Elsayed, critisising Bassem and his leadership. The Party then chose Muhammed Ghoneim as its leader and Bassem's successor. After the change of leadership, Malek Elshazly, Leader of the Freedom Party, broke the coalition formed with the Nation's Party and formed a new coalition with the Development Party and Long Live Sterdam Party under his leadership. He became Prime Minister on 18 June 2023, 1085 AH succeeding Bassem.

In 1079, Bassem finished school at the University of Constitutin and graduated with a Bachelor of Science degree in Economics. After he left office, he was appointed President of the Board of Trade. He was the position's inaugural holder. He was also appointed to the House of Peers and given the title "The Baron Bassem". In 1089, he graduated with a Master of Arts degree in Economics from Westford University. On 6 October 2023, 1089 AH, he was appointed as the first President of the International Monetary Fund after he was nominated by the Sterdaman Government.

In 1063, he married Maria Bassem, a Sterdaman economist. They have three children: Adam, Layla and Mayar.

On 12 June 2023, 1085, King Jamal IV commissioned an art gallery and an economic policy centre in Bassem's name as a gift for his birthday. The Bassem Art Gallery is the first art gallery to operate in the country. The Bassem Economic Policy Centre (BEPC) is operated by the University of Constitutin, Bassem's alma mater.