Armando Manuel (born March 24, 1972) is an Angolan

MPLA The People's Movement for the Liberation of Angola ( pt, Movimento Popular de Libertação de Angola, abbr. MPLA), for some years called the People's Movement for the Liberation of Angola – Labour Party (), is an Angolan left-wing, social d ...

politician who was

Minister of Finance A finance minister is an executive or cabinet position in charge of one or more of government finances, economic policy and financial regulation. A finance minister's portfolio has a large variety of names around the world, such as "treasury", " ...

Angola , national_anthem = " Angola Avante"() , image_map = , map_caption = , capital = Luanda , religion = , religion_year = 2020 , religion_ref = , coordina ...

from 2013 to 2016. Prior to his appointment, he served as the Secretary for Economic Affairs of the President and the Chairman of the Angola Sovereign Wealth Fund.

Early life and education

Manuel graduated in economics from the

Agostinho Neto University The Agostinho Neto University ( pt, Universidade Agostinho Neto) is the largest public university of Angola, based in Luanda and in the nearby city of Talatona, in Angola. In the academic year 2005–06, 68 licensing courses were ministered b ...

in 1996, and holds a MSc in economics from

London Guildhall University London Guildhall University was a university in the United Kingdom from 1992 to 2002, established when the City of London Polytechnic was awarded university status. On 1 August 2002, it merged with the University of North London to form Londo ...

in 2001.

Politics

In 2002, Manuel led the Department of Treasury's operations, and moved to the Ministry of Finance in 2006 to become the department's director. While in the Ministry of Finance, Manuel was appointed Minister of Finance on 9 May 2013 and took over Carlos Alberto Lopes's position. On 17 August 2015, Manuel cosigned an agreement for ¥23.6 trillion with

JICA The is a governmental agency that delivers the bulk of Official Development Assistance (ODA) for the government of Japan. It is chartered with assisting economic and social growth in developing countries, and the promotion of international co ...

's president

Akihiko Tanaka is a Japanese academic specializing in theories of international systems, contemporary international relations in East Asia, Japan-US relations, and Japan-China relations. He is also an author, policy adviser, a media commentator, an administrator ...

. Manuel remained the

until 5 September 2016 when he was fired by the President of Angola

José Eduardo dos Santos José Eduardo dos Santos (; 28 August 1942 – 8 July 2022) was the president of Angola from 1979 to 2017. As president, dos Santos was also the commander-in-chief of the Angolan Armed Forces (FAA) and president of the People's Movement for the ...

and replaced by

Archer Mangueira Archery is the sport, practice, or skill of using a bow to shoot arrows.Paterson ''Encyclopaedia of Archery'' p. 17 The word comes from the Latin ''arcus'', meaning bow. Historically, archery has been used for hunting and combat. In mo ...

Economy

In October 2015, Manuel signed off on an agreement to sell bonds valued up to $2 billion as a temporary solution for the stalled debut of the Eurobond. When Angola's Eurobond was sold on November 5, 2015, for $1.5 billion, Manuel did not reveal what the funds would be used for. In April 2016, Angola requested help from the

IMF The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution, headquartered in Washington, D.C., consisting of 190 countries. Its stated mission is "working to foster globa ...

due to the country's low oil prices. Manuel emphasized that Angola was seeking aid to strengthen Angola's economy, and not asking for a bailout from the IMF. The negotiations between the IMF and Angola ended July 2016, which led to Manuel's firing.

References

External links

* {{DEFAULTSORT:Manuel, Armando 1972 births Agostinho Neto University alumni Alumni of London Guildhall University Angolan economists Finance ministers of Angola Living people MPLA politicians