From the very start of his rule, Putin in economic matters singles out one...

Forwarded From Radio Liberty / Radio Svoboda (ru)

From the very start of his rule, in economic matters Putin singles out one official, grants him broader powers, and that person effectively determines economic policy while enjoying relative independence. A kind of “lead trotter” setting the direction in the Russian troika. The others play the role of the side horses, helping pull the sleigh as best they can. It appears that now Finance Minister Anton Siluanov is becoming the “lead horse.” What is behind this, and what prospects does it hold out for the Russian economy?

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Radio Svoboda

Is Putin changing favorites? Why Siluanov is getting expanded powers

The State Duma, in emergency mode, passed in all three readings amendments to the Budget Code introduced by the government. They give the Finance Ministry the right, without any coordination whatsoever, to increase federal budget spending and to borrow domestically for that purpose…