Who is Russia's Mikhail Mishustin?
May 10 (Reuters) -Here are some key facts about Russian Prime Minister Mikhail Mishustin, whose reappointment as prime minister President Vladimir Putin proposed on Friday:
- Mishustin, 58 (born March 3, 1966), was appointed by Putin as head of government in January 2020, replacing Dmitry Medvedev. Along with other members of the Russian elite, Mishustin has been targeted by Western sanctions in connection with the war in Ukraine.
- As chief technocrat in the ruling apparatus, with no background in the security services, Mishustin is not part of the so-called siloviki (strongmen) faction of intelligence veterans who are close to Putin. Before becoming prime minister, he headed the federal tax service, where he was credited with more than doubling revenues during his decade in charge.
- His tenure in government has been dominated by the COVID-19 pandemic and Russia's war with Ukraine, both of which have thrown up vast logistical challenges that Mishustin has been tasked with solving.
- Mishustin was named head of a new Coordination Council in October 2022 to work with regional leaders and industry to better supply the armed forces and improve medical and logistical support. Putin had acknowledged problems in this area after a chaotic mobilisation of 300,000 men, some of whom were reported to lack basic kit such as sleeping bags.
- He comes across as a confident communicator, often seen on television fielding pointed questions from Putin on government tasks and deadlines.
- In his annual report to parliament in April 2024, Mishustin said his government had faced "very complicated" conditions but succeeded in adapting Russia's economy to Western sanctions and delivering on targets set by Putin, to whom he referred 67 times in official excerpts of his speech.
- Mishustin could play an important role in a future power transition. Under the constitution, the prime minister is first in line to take over as acting president until new elections if the Kremlin leader resigns, is removed from office or has to step aside for health reasons.
Reporting by Mark Trevelyan; Editing by William Mallard
Latest News
Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.
All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.
Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.
