Trevor Manuel

Trevor Manuel served as a Cabinet Minister under the first four Presidents of democratic South Africa and was the country's longest-serving finance minister.

Development

Trevor Manuel Reflects on South Africa's Lost Decade

Trevor Manuel June 10, 2021

When the apartheid regime ceded power following South Africa’s first democratic elections in 1994, the economy was in shambles. Debt service costs as a share of GDP were crippling.

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IMF Podcasts are the views of the International Monetary Fund (IMF) staff and external officials on pressing economic and policy issues of the day. The IMF, based in Washington D.C., is an organization of 190 countries, working to foster global monetary cooperation and financial stability around the world. The views expressed are those of the author(s) and do not necessarily represent the views of the IMF and its Executive Board.