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Putin’s power shakeup – here is what we know so far

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Here is what was know so far:

  • Mass resignation of top government officials in Russia
  • Resignations said to be in response to Proposed constitutional changes by Vladimir Putin.
  • Medvedev expected to be announced to newly created post – Head of Security Council
  • Top ministers found out about resignation approximately 1 hour before it was publicly announced.
  • Ruble has been hit hard since the announcement

The head of the cabinet announced his resignation on January 15 immediately after the President of the Russian Federation, Vladimir Putin, announced to the Federal Assembly sweeping changes to the Russian constitution. In his message, Putin proposed that a massive constitutional reform be carried out. A having somewhat curtailed the powers of the president and expanded the capabilities of the State Duma, the Federation Council, and the presidential State Council, which does not have an official status in the Constitution.

One of Putin’s proposals was giving the Russian State Duma power to approve of the department heads of the federal government and ministers. At present this power lies solely with the parliament.

After the en-masse resignation, the President thanked the cabinet members for their joint work and promised that he would meet with every member of the government in the near future.

What you need to know about upcoming changes in the political system of Russia?

Earlier, the president announced major changes in the political system of Russia.

Putin announced the need to vote when adopting amendments to the country’s constitution. In particular, he proposed transferring to the State Duma the right to approve the candidacy of the chairman of the Russian government. In addition, the parliament will have to approve all deputy prime ministers and federal ministers on the proposal of the head of government.

Dmitry Medvedev, during a meeting with President Putin, said that he considers the decision to resign correct against the backdrop of the proposals announced by President Putin to amend the Constitution.

“We, as the government of the Russian Federation, must provide the President of our country with the opportunity to make all the necessary decisions, and in these conditions, I think it was right that, in accordance with Article 117 of the Constitution of the Russian Federation, the current government of the Russian Federation resigned,” stated Medvedev.

Medvedev to be appointed as Head of the Security Council

Vladimir Putin is expected to introduce a new post created at the federal – Deputy Head of the Security Council. He plans to appoint Medvedev to this post.

Medvedev, Russia’s former president and prime minister (left) is expected to be appointed to the newly created posted, Head of Russian Security Council.

The head of state invited Medvedev to the Kremlin to address the issues of defense and security of Russia.

Member of the Federation Council Vladimir Dzhabarov described the new post of Medvedev as an actual analogue of the post of vice president.

This post existed in Russia in 1991-1993. The only person who occupied her was Alexander Rutskoi. He was dismissed by decree of the then head of state, Boris Yeltsin, during the events of the confrontation between the president and parliament in the fall of 1993. After that, the post of vice president was abolished.

Ministers found out about the resignation of the government at the last moment

Members of the government were informed of the resignation less than an hour before the official announcement of this information, said one of the acting ministers.

Another head of the federal ministry described the incident as “a bolt from the blue.” “Nothing in the morning foreshadowed, and there wasn’t a hint at the Manege either,” the official explained.

Ruble fell amid news of government resignation

As of 16:10 Moscow time, the value of the American currency was 61.39 rubles. A message about the resignation of the government appeared on news site at 16:28. Within a few minutes, the value of the dollar soared 40 coins, reaching a maximum of 61.81 rubles.

This team worked together approximately 19 months before resigning

The current government was formed in May 2018 after the March presidential election. It included members of the previous cabinet Anton Siluanov, Veronika Skvortsova, Vitaly Mutko, Olga Golodets, Sergey Lavrov, Vladimir Medinsky, Vladimir Kolokoltsev.

New ministers were appointed to a number of ministries and departments. In particular, acting as the new Minister of Transport First Deputy Head of the Department Eugene Dietrich. The head of the Ministry of Emergencies was the deputy director of the FSB, the former acting Governor of the Kaliningrad Region Yevgeny Zinichev. Dmitry Patrushev, the son of Secretary of the Security Council of Russia Nikolai Patrushev, headed the Ministry of Agriculture. The post of Minister of Construction and Housing was received by the Governor of the Tyumen Region Vladimir Yakushev. The head of the Yamal-Nenets Autonomous Area, Dmitry Kobylkin, has been appointed head of the Ministry of Natural Resources.

Dmitry Medvedev has continuously served as Russia’s Prime Minister since 2012, after resigning as President of the Russian Federation.

Lena S.
Lena is an adventurous soul searching the world for truth and balance. She is a mother of 2 beautiful daughters and a full time writer for Financial News where she covers various topics from finance, government, politics, current events, crypto and technology.

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