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RUSSIA'S PUTIN REBUILDS ECONOMIC TEAM, SEEKS UNITY
Tert.am
18:33 28.09.11
Russian Prime Minister put a trusted ally in charge of the economy
Tuesday, naming a low-key finance minister to address concerns about
reforms and restore unity over his return plan to the Kremlin, the
Reuters reported.
Vladimir Putin sacrificed his long-serving finance minister, Alexei
Kudrin, on Monday after President Dmitry Medvedev demanded his
dismissal for rebelling against a plan for Medvedev and Putin to swap
places next March.
Kudrin's abrupt departure alarmed investors who saw him as a guarantor
of financial stability and a potential leader of reforms. It also
highlighted rifts around Putin as he tries to tighten his grip on
power by returning to the post he held for eight years until 2008.
Putin acted swiftly to restore confidence by handing control of all
economic ministries to Igor Shuvalov, 44, a former sherpa to the
Group of Eight industrialized nations who has been a first deputy
prime minister since 2008.
He promoted Anton Siluanov, a little-known Kudrin deputy, to the
interim role of acting finance minister. An expert in regional budgets,
the 48-year-old career bureaucrat is expected to keep a low profile
following Kudrin's stormy departure.
Underlining that he had agreed Siluanov's appointment with the
president, Putin said: "He is a good specialist, and his candidacy
was obviously agreed with Dmitry Anatolyevich Medvedev. This is our
joint decision."
But Kudrin, 50, did little to dampen talk of disharmony by releasing
remarks on Tuesday saying he had quit because of the fiscal risks the
government was taking, making clear there had been disagreements with
Putin as well as Medvedev for months.
"Over the course of several months, despite my repeated objections,
some made in public, decisions were taken in the sphere of budget
policy that without doubt increased fiscal execution risks," Kudrin
wrote in a resignation statement.
It was the first time he had so openly criticized his long-time ally,
with whom he worked in the St Petersburg city authorities in the 1990s.
From: Emil Lazarian | Ararat NewsPress
Tert.am
18:33 28.09.11
Russian Prime Minister put a trusted ally in charge of the economy
Tuesday, naming a low-key finance minister to address concerns about
reforms and restore unity over his return plan to the Kremlin, the
Reuters reported.
Vladimir Putin sacrificed his long-serving finance minister, Alexei
Kudrin, on Monday after President Dmitry Medvedev demanded his
dismissal for rebelling against a plan for Medvedev and Putin to swap
places next March.
Kudrin's abrupt departure alarmed investors who saw him as a guarantor
of financial stability and a potential leader of reforms. It also
highlighted rifts around Putin as he tries to tighten his grip on
power by returning to the post he held for eight years until 2008.
Putin acted swiftly to restore confidence by handing control of all
economic ministries to Igor Shuvalov, 44, a former sherpa to the
Group of Eight industrialized nations who has been a first deputy
prime minister since 2008.
He promoted Anton Siluanov, a little-known Kudrin deputy, to the
interim role of acting finance minister. An expert in regional budgets,
the 48-year-old career bureaucrat is expected to keep a low profile
following Kudrin's stormy departure.
Underlining that he had agreed Siluanov's appointment with the
president, Putin said: "He is a good specialist, and his candidacy
was obviously agreed with Dmitry Anatolyevich Medvedev. This is our
joint decision."
But Kudrin, 50, did little to dampen talk of disharmony by releasing
remarks on Tuesday saying he had quit because of the fiscal risks the
government was taking, making clear there had been disagreements with
Putin as well as Medvedev for months.
"Over the course of several months, despite my repeated objections,
some made in public, decisions were taken in the sphere of budget
policy that without doubt increased fiscal execution risks," Kudrin
wrote in a resignation statement.
It was the first time he had so openly criticized his long-time ally,
with whom he worked in the St Petersburg city authorities in the 1990s.
From: Emil Lazarian | Ararat NewsPress