Putin’s iconoclastic economics guru to lose Kremlin post | World News, The Indian Express

Putin’s iconoclastic economics guru to lose Kremlin post | World News, The Indian Express

By Bloomberg |Updated: August 16, 2019 4:52:32 pm

Putin’s iconoclastic economics guru to lose Kremlin post

Sergei Glazyev will switch to the Eurasian Economic Commission that oversees relations between member states of the Eurasian Economic Union, comprising Russia, Belarus, Kazakhstan, Armenia and Kyrgyzstan, a commission spokesman said Friday.

Glazyev alarmed investors over the years with calls for massive state spending, abandoning the dollar and restoring capital controls to boost economic development. (Bloomberg)

An economist known for challenging Russia’s tight-money policies as a top adviser to President Vladimir Putin is leaving the Kremlin after seven years.