Age, Biography and Wiki

Manuel Chang was born on 22 August, 1955 in Gaza Province, Mozambique, is an Economist. Discover Manuel Chang's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is He in this year and how He spends money? Also learn how He earned most of networth at the age of 69 years old?

Popular As N/A
Occupation Economist
Age 69 years old
Zodiac Sign Leo
Born 22 August, 1955
Birthday 22 August
Birthplace Gaza Province, Portuguese East Africa
Nationality Mozambican

We recommend you to check the complete list of Famous People born on 22 August. He is a member of famous Economist with the age 69 years old group.

Manuel Chang Height, Weight & Measurements

At 69 years old, Manuel Chang height not available right now. We will update Manuel Chang's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
Weight Not Available
Body Measurements Not Available
Eye Color Not Available
Hair Color Not Available

Who Is Manuel Chang's Wife?

His wife is Divorced

Family
Parents Not Available
Wife Divorced
Sibling Not Available
Children Not Available

Manuel Chang Net Worth

His net worth has been growing significantly in 2022-2023. So, how much is Manuel Chang worth at the age of 69 years old? Manuel Chang’s income source is mostly from being a successful Economist. He is from Mozambican. We have estimated Manuel Chang's net worth , money, salary, income, and assets.

Net Worth in 2023 $1 Million - $5 Million
Salary in 2023 Under Review
Net Worth in 2022 Pending
Salary in 2022 Under Review
House Not Available
Cars Not Available
Source of Income Economist

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Timeline

2018

Chang was arrested in December 2018 in South Africa for his part in diverting loan funds, based upon an indictment in the United States. His extradition to the U.S. was delayed when the government of Mozambique also filed a competing request for extradition. However, in February 2020 Mozamique withdrew its request.

2013

Three state-owned Mozambiqiue companies were created to exploit the county's marine resources; Proindicus was to perform coastal surveillance, Ematun was to engage in tuna fishing and MAM was to build and maintain shipyards. Debt problems began in 2013, when the Abu Dhabi-based shipbuilding and offshore construction company, Privinvest, obtained a $366 million contract with Proindicus, financed by IMF loans. The loans for this and other marine projects were requested by State Information and Security Service (SISE). As Finance Minister Chang confirmed to Swiss bankers that proceeds from a state loan should be paid to a commercial broker instead of to the Mozambique Central Bank. Chang guaranteed loans, that were illegal under Mozambique law, and kept these loans secret even from other cabinet members. In 2016 a default on Eurobonds issued by the Mozambican government to hide these and other unpaid loans first brought these actions to public attention.

1955

Manuel Chang (born 22 August 1955 in Gaza Province) was a Mozambican economist and politician of the FRELIMO party. From 2005 to 2015 he served as the Minister of Economy and Finances in President Armando Guebuza's cabinet. He replaced Luísa Diogo as Finance Minister in February 2005. His work as Finance Minister was intertwined in a debt scandal. In January 2015 when President Filipe Nyusi assumed office he replaced Chang as Finance Minister with Adriano Maleiane.