Alexei Kudrin

Alexei Leonidovich Kudrin (Russian Алексей Леонидович Кудрин; born October 12, 1960 in Dobele, Latvian SSR ) is a Russian politician. From May 2000 to September 2011 he was Minister of Finance of the Russian Federation.

Biography

Kudrin grew up as the son of a military personnel on in Arkhangelsk, where he has also completed the school. Then he moved to Leningrad, where he worked as a car mechanic before he took up in 1978 to study economics at the University of Leningrad. After graduating in 1983, he worked as a research assistant at a Economic Research Institute of the Soviet Academy of Sciences. In October 1990 he moved to the city council of Leningrad ( since 1991 Saint Petersburg ), where he was on the Committee on economic reforms and later worked in the financial management of the city. 1993 to 1996 he was deputy mayor of St. Petersburg. Finally, he moved in summer 1996 to Moscow, where he became deputy on adoption of the then President Boris Yeltsin Head of Presidential. From 1997 to 2000 he was with a few months break ( where he worked as deputy chief executive of the energy company RAO UES ), first deputy finance minister, until he was appointed to the adoption of the then newly elected President Vladimir Putin on 18 May 2000 as Minister of Finance. Since 2002, Kudrin is also an honorary professor of the St. Petersburg University, where he studied.

Resignation as minister

26 September 2011 Kudrin was dismissed as finance minister. This release was preceded by his declaration that he would not work under a prime minister Dmitry Medvedev, in this context, Kudrin had criticized the planned increase in military spending, among others. Medvedev had Kudrin then publicly asked to resign, and then release him. Kudrin ambitions had been rumored to the office of Russian Prime Minister before. His official duties were first taken over by Anton Siluanow as well as Igor Shuvalov interim basis after discharge. December 16, 2011 Siluanow was officially appointed to Kudrin's successor.

Policy

In his time as a member of the Russian government Kudrin was one of the liberal -oriented minister. At the time of his official duties as finance minister, he used the thanks to the rise in oil prices high government revenues to pay off the national debt and to form a stabilization fund in the event future of declining state revenues. In this way, the international financial reputation of Russia was largely produced by the national bankruptcy again in 1998. Furthermore, a tax reform was in his tenure end of 2000 carried out and lowered the income tax on the single rate of 13 percent.

After the parliamentary elections in December 2011, Kudrin announced in an interview that want to participate in the formation of a new party.

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