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Jamil Mahuad
Mahuad 2020 1.1 (cropped).jpg
Mahuad in 2020
41st President of Ecuador
In office
10 August 1998 – 21 January 2000
Vice President Gustavo Noboa
Preceded by Fabián Alarcón
Succeeded by Gustavo Noboa
17th Metropolitan Mayor of Quito
In office
10 August 1992 – 10 August 1998
Preceded by Rodrigo Paz
Succeeded by Roque Sevilla
Personal details
Born
Jorge Jamil Mahuad Witt

(1949-07-29) 29 July 1949 (age 76)
Loja, Ecuador
Political party Popular Democracy
Spouse
Tatiana Calderón
(m. 1971)
Children Paola Mahuad Calderón
Alma mater Pontificia Universidad Católica del Ecuador

Jorge Jamil Mahuad Witt was born on July 29, 1949. He is an Ecuadorian lawyer and former politician. He served as the 41st president of Ecuador from 1998 to 2000. Before becoming president, he was the 17th Mayor of Quito from 1992 to 1998.

During his time as president, Mahuad signed an important peace agreement with Peru. This agreement helped to solve long-standing border disagreements between the two countries. However, his presidency also faced a big economic challenge.

Early Life and Education

Jamil Mahuad was born in Loja, Ecuador. His family background includes both German and Lebanese heritage.

He studied law at the Pontificia Universidad Católica del Ecuador. Later, he continued his studies at Harvard University in the United States. There, he earned a degree in public administration.

Becoming a Leader

Mahuad first entered politics in 1988. He ran for president but did not win that election. However, he continued his political career.

In 1992, he was elected as the Mayor of Quito. Quito is the capital city of Ecuador. He served as mayor for six years, until 1998.

Presidential Election

In 1998, Jamil Mahuad ran for president again. He won the election by a very small number of votes. His opponent was Álvaro Noboa, who was a very wealthy businessman.

Noboa asked for the votes to be counted again. However, the election officials did not allow a recount. Mahuad then officially became the president.

Key Moments as President

One of the most important things Mahuad did as president was to sign a peace agreement. This agreement was with the neighboring country of Peru. For many years, Ecuador and Peru had disagreements about their border.

On October 26, 1998, Mahuad signed a historic peace treaty. This treaty finally settled the border disputes. It was a big step towards peace and cooperation between the two nations.

Economic Challenges

During Mahuad's presidency, Ecuador faced a serious economic crisis. This crisis was partly caused by a financial crisis that had happened in Asia the year before. Many people in Ecuador were struggling.

To try and fix the economy, Mahuad made a big decision. He decided to change Ecuador's money system to the US dollar. This process is called "dollarization." This meant that the Ecuadorian currency, the sucre, would no longer be used.

This decision caused a lot of anger and protests across the country. Many people felt that it made their lives harder. Public support for President Mahuad decreased a lot.

End of Presidency

Because of the economic problems and the protests, Mahuad's time as president came to an end. In January 2000, there were large demonstrations by indigenous groups in Ecuador. Some parts of the military also joined the protests.

Mahuad was forced to leave his position as president. This event is known as a coup d'état. After he left office, his vice president, Gustavo Noboa, became the new president. This followed the rules of the country's constitution.

After the Presidency

After leaving the presidency, Jamil Mahuad continued to be involved in international discussions. He has worked as a senior advisor for a group called CMI International Group. This group is based in Cambridge, Massachusetts, in the United States.

See also

Kids robot.svg In Spanish: Jamil Mahuad para niños

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