Trevor Manuel not going for top IMF post

Minister in the Presidency and head of the National Planning Commission, Trevor Manuel, says he is not in the running for the MD position at the International Monetary Fund.

  • No economic qualifications
  • Oversaw popular decreases in taxes and increase in social handouts but did nothing for infrastructure, competitiveness or efficiency of our country
  • Oversaw the R48bn arms deal (how many schools is that again?)
  • Had the benefit of a commodity boom, low inflation (through imported deflation due to currency movements) and didn’t do anything about unemployment

No surprise really, right?