He began his career as a assistant professor and later professor of economics at the University of Paris. Then he was appointed as Deputy Commissioner of the Economic Planning Agency (1981-1986).
Afterwards he was elected for the fi rst time at the National Assembly (1986) and has chaired the fi nance committee of the House from 1988 to 1991. He has served as minister of Industry and International Trade in the Cresson (1991-1992) and Beregovoy (1992-1993) cabinets. In 1995 he was elected mayor of the city of Sarcelles. He served then as minister of Economy, Finance and Industry of France from June 1997 to November 1999.
His training includes a PhD in economics from the University of Paris. He is also graduated in law, in business administration, in political studies and in statistics. As an academic his research fields includes households saving behaviour, public finance and social policy.
He was born in 1949 and has grown in Morocco.
He is interested in information technologies and is fond of music and paintings. He likes to ski and to play chess.