Andrey Belousov

Some of the key events about Andrey Belousov

• 1959

  Graduated with honors from the Moscow Financial Institute
• 1981

  Appointed Deputy Chief of the Planning and Economic Department at the State Planning Committee
• 1986

  Became First Deputy Chief of the Social Development Department at the State Planning Committee
• 1991

  Appointed Deputy Minister of Economics and Finance of the Russian Federation
• 1992

  Promoted to First Deputy Minister of Economics of the Russian Federation
• 1998

  Supported the devaluation of the ruble during the Russian financial crisis, leading to economic hardship for many citizens
• 2000

  Became Minister of Economic Development and Trade of the Russian Federation
• 2003

  Appointed to the position of Presidential Aide for Economic Affairs
• 2008

  Took on the role of Deputy Prime Minister of Russia
• 2008

  Advocated for increased state control over the economy during the global financial crisis, potentially stifling private sector growth
• 2012

  Appointed First Deputy Prime Minister in Dmitry Medvedev's cabinet
• 2012

  Implemented policies that critics argued favored large state-owned corporations over small and medium-sized businesses
• 2014

  Supported economic sanctions against Western countries, which some economists believed negatively impacted Russia's economy
• 2018

  Proposed raising the retirement age, a move that was widely unpopular among Russian citizens
• 2020

  Became First Deputy Chairman of the State Council of the Russian Federation
• 2020

  Oversaw economic policies during the COVID-19 pandemic that some critics argued were insufficient to support small businesses and workers

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