Common

Valentin Pavlov

Soviet official and Russian banker (1937–2003)

Valentin Pavlov

Common card · No. 261375

Valentin Sergeyevich Pavlov (Russian: Валентин Сергеевич Павлов; 26 September 1937 – 30 March 2003) was a Soviet and Russian politician, later banker following the Dissolution of the Soviet Union. 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. Later, during the Brezhnev Era, he became head of the Financial Department of the State Planning Committee. 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. He went on to succeed Ryzhkov as head of government in the newly established post of Prime Minister of the Soviet Union. As Prime Minister Pavlov initiated the 1991 Soviet monetary reform, commonly referred to as the Pavlov reform, in early 1991. Early on he told the media that the reform was initiated to halt the flow of Soviet rubles transported to the...

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