Shuvalov has promised not to merge the Ministry of economic development with the Ministry of Finance

Shuvalov has promised not to merge the Ministry of economic development with the Ministry of Finance

Moscow. 1 Dec. The Ministry of economic development, the head of which on Wednesday was appointed Maxim Oreshkin of the Finance Ministry, will retain all its functionality, said first Deputy Prime Minister Igor Shuvalov, introducing the new Minister to the staff.

Economy30 November 2016Путин appointed a new Minister of economic razvitiia read more

“On the “merger” with the Ministry of Finance – no, at the moment the decision is made that the Ministry in its composition fully with its powers continues,” – said Shuvalov.

“The team is saved. Functions that the Ministry has, will remain”, – said the first Deputy Prime Minister.

Moreover, based on his words, the Ministry can restore some functions lost in recent years amid disputes with the Finance Ministry and the Central Bank. “We need to return to the main work on the drafting of macroeconomic forecasts was concentrated in the Ministry of economic development”, – said Shuvalov.

Shuvalov also confirmed that the Collegium of the Ministry of economic development will take place on 19 December. The decision to hold the Board of the Ministry contrary to the tradition in December was made prior to the appointment. the first Deputy Prime Minister announced it at a meeting with the leadership of the Ministry after the resignation of Alexei Ulyukayev.

Oreshkin, who previously held the post of Deputy Minister of Finance, was appointed Minister of economic development on Wednesday. The post of Minister of economic development has been vacant since November 15, when Putin sacked Alexei Ulyukayev in connection with loss of trust. The speaker was arrested on 14 November on suspicion in receiving a bribe in the amount of $2 million, the Investigation alleges, the money a senior official has received for the Ministry of economic development issued a positive evaluation, which allowed Rosneft to acquire state-owned shares of the company “Bashneft”.