trending Market Intelligence /marketintelligence/en/news-insights/trending/fz7w0mw-hXiP4HFagB_LTg2 content esgSubNav
In This List

Russian parliament approves new prime minister


Banking Essentials Newsletter: 17th April Edition


Banking Essentials Newsletter: 7th February Edition

Case Study

A Bank Outsources Data Gathering to Meet Basel III Regulations


Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)

Russian parliament approves new prime minister

Russian legislators approved President Vladimir Putin's nominee for prime minister, Reuters reported, a day after his push for constitutional amendments led to the resignation of Dmitry Medvedev and his Cabinet.

Mikhail Mishustin, the head of Russia's Federal Tax Service, obtained 383 of the 424 confirmation votes cast by members of the State Duma, the parliament's lower house. Forty-one lawmakers abstained.

Mishustin is credited with leading the push to digitalize the country's tax system to curb evasion rates and bring smaller businesses into the formal economy, according to German broadcaster Deutsche Welle.

The selection of Mishustin as prime minister "may indicate that the economic policy agenda will be dominated by the fiscal tools," said Dmitry Dolgin, ING Chief Economist for Russia.