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Minister of Finance of Russia: Past and Present

Minister of Finance of Russia - The head of the department, which has more than two hundred years of history. At all times, the person heading the Ministry of Finance was an important figure in the state. Each of the heads of the Ministry of Finance made a significant contribution to the development of this body of state power and Russia.Minister of Finance of Russia

In one line

The ministry began its work back in 1802. It replaced the Chamber College, created during the time of Peter the Great. During this time, the Ministry of Finance was headed by more than forty people. If in the first century this post was occupied by thirteen people, then in the second century - more than thirty. The reason for this phenomenon can be considered the features of the twentieth century as a time of revolutionary upheaval and restructuring within the government.

The first head of department

The very first Minister of Finance of Russia is Vasiliev Alexei Ivanovich. He was born in 1747. Before taking office, the head of the Ministry of Finance was a senator and State Treasurer. After the formation by decree of Alexander I, he became the head of one of the newly created bodies of state power. He held the post of Minister of Finance until his death in 1807. Vasiliev established a new procedure for compiling budget revenues and expenses for the coming year. For many years, the budget was considered a state secret and was inaccessible to the Senate. Only in 1810, the consideration of the budget was entrusted to the State Senate.

First Minister of Finance of Russia

Vasiliev over the years of service as minister was not able to restore order in public finance. His income and expense reports were untrue, and as a result, he left the treasury in a deplorable state after himself. Not the least role in this was played by military spending growing from year to year.

In fairness, it is worth saying that the Minister of Finance of Russia Vasiliev did two important things: he was the author of the Decree on State Forests and the Mountainous Status, which for a long time was the main mountain legislation. Both documents were important for streamlining the work of public services. Vasiliev also merged the Auxiliary Bank for the Nobility with the Borrowed Bank and allowed the establishment of private banks in the Livonia and Estland provinces.

The last head of the department

Minister of Finance of Russia SiluanovCurrently, the Minister of Finance of Russia - Anton Siluanov. He followed in the footsteps of father German Siluanov, who was a financier and one of the employees of the USSR Ministry of Finance. After graduating from the Moscow Financial Institute in 1985, he began his professional career at the Ministry of Finance of the RSFSR. Over the years, he replaced several posts, gradually moving up the ranks. He replaced Alexei Kudrin in 2011. His appointment was a surprise to everyone. Among the possible applicants for the position, his surname has never sounded. The most likely candidates were Tatyana Golikova, Sergei Ignatiev, Mikhail Zadornov and Arkady Dvorkovich. After the appointment of Siluanov, they considered him interim minister, although they recognized his abilities. However, these forecasts did not come true, the politician immediately showed his best side during the discussions on the budget for next year and at the meeting of the G20 Finance Ministers in Paris.

Russian Finance Minister Anton Siluanov is a supporter of a conservative budget policy. Insists on limiting budget taxes, which will achieve macroeconomic stability. Strongly against external borrowing, insists on the most efficient use of existing internal resources.One of the strengths of Siluanov, according to many, is his ability to find a compromise within the cabinet. He is a member of the United Russia party. The Minister of Finance of Russia carefully protects his personal life from media interference. The only thing left to the press is to consider his income and the property owned by the family.

To summarize

Minister of Finance of Russia Anton SiluanovThe Minister of Finance of Russia is a public figure. His policies are being actively discussed domestically and abroad. The population of Russia associates their future well-being with the activities of the head of the Ministry of Finance and accuses them of worsening their well-being, if this happens. Therefore, only competent people should be at the head of the ministry, not afraid to take responsibility for the future of the whole country.


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