![]() ![]() He was the only minister in Ryzhkov's Government who was also a member of the Presidium of the Council of Ministers. He succeeded Gostev to become Minister of Finance in Ryzhkov's government in 1989 and his time in the post was considered uncontroversial, even though Lira Rozenova, Deputy Chairman of the State Committee for Prices, was not elected to the post of Chairman of the State Committee for her advocacy of Pavlov-backed plans for centrally administered price reform. Throughout the period, and later as Minister of Finance, Pavlov supported the centralised price reform proposal posited by Nikolai Ryzhkov, Chairman of the Council of Ministers. Pavlov was appointed Chairman of the State Committee on Prices on 15 August 1986, and retained that post until 7 June 1989. He served as First Deputy Minister of Finance in Boris Gostev's ministry from January to August 1986. He held the office as head of the State Planning Committee's Finance Department, the department which oversaw all aspects of the country's planned economy. Pavlov started working for the State Planning Committee in 1979, and became a member of the State Planning Committee's board in 1981. Early in his career he also worked for the Ministry of Finance of the Russian Soviet Federative Socialist Republic (RSFSR). He started his nomenklatura (bureaucratic) career as a government economist he started working for as an official of the Ministry of Finance in 1959, and became a member of the Communist Party of the Soviet Union in 1962. He is seen by some as the last legitimate Soviet head of government since his successor, Ivan Silayev, was appointed by the Russian Soviet Federative Socialist Republic in breach of what his opponents consider to be Soviet constitutional principles.īorn in Moscow on 27 September 1937, Pavlov graduated from the Moscow Finance Institute in 1958. Pavlov was arrested for his involvement in the coup and went on to work in the banking sector in post-Soviet Russia. In August, he participated in the 1991 Soviet coup d'état attempt, which tried to prevent the disintegration of the Soviet Union. When that failed, he joined a plot to oust Gorbachev. In June the same year, Pavlov called for a transfer of power from the President of the Soviet Union to the Prime Minister and the Cabinet of Ministers. ![]() Although ridiculed at the time, the statement was later proven to be true. ![]() Early on he told the media that the reform was initiated to halt the flow of Soviet roubles transported to the Soviet Union from abroad. He went on to succeed Ryzhkov as head of government in the newly established post of Prime Minister of the Soviet Union.Īs Prime Minister Pavlov initiated the 1991 Soviet monetary reform, commonly referred to as the Pavlov reform, in early 1991. Pavlov was appointed to the post of Chairman of the State Committee on Prices during the Gorbachev Era, and later became Minister of Finance in Nikolai Ryzhkov's second government. Later, during the Brezhnev Era, he became head of the Financial Department of the State Planning Committee. Born in the city of Moscow, then part of the Russian Soviet Federative Socialist Republic, Pavlov began his political career in the Ministry of Finance in 1959. Valentin Sergeyevich Pavlov ( Russian: Валéнтин Серге́евич Па́влов 27 September 1937 – 30 March 2003) was a Soviet official who became a Russian banker following the dissolution of the Soviet Union. ![]()
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