The Russian government is restructuring its cabinet and creating a new Vice‑Prime Minister position specifically for the finance sector, with Anton Siluanov named as the candidate for the role.
Officials stress that the Ministry of Finance is a critically important department in any country, and its work is especially vital during the current economic period, as maintaining macro‑economic stability is a stated priority.
Press secretary Dmitry Peskov highlighted the need for budgetary discipline and said that the task of continuing to ensure macro‑economic stability further raises the role of the finance ministry.
A new vice‑premier position dedicated to the Minister of Finance was established, with Siluanov put forward as the proposed candidate to fill it.
President Vladimir Putin supported the personnel reshuffle proposed by Prime Minister Mikhail Mishustin, which includes the promotion of the finance minister to a deputy‑prime‑minister level.
Anton Siluanov previously served as a Deputy Prime Minister from 2018 to 2020, giving him prior experience in the senior government role he is being returned to.
The Kremlin noted that greater coordination is necessary and that, as a vice‑prime minister overseeing several ministries, Siluanov’s powers will be expanded, giving him broader responsibilities.
All of the announced actions—the cabinet restructuring, the creation of the new vice‑premier post, the submission of nominations, and Siluanov’s promotion—are dated to 2026‑10‑19.
After meeting with President Putin, Prime Minister Mikhail Mishustin forwarded the nominations for the new government members to the State Duma on the same day.
A new vice‑premier position dedicated to the Minister of Finance was established, with Siluanov put forward as the proposed candidate to fill it.
On October 19, 2026 Anton Siluanov was formally promoted to Deputy Prime Minister, taking on the newly created finance‑focused vice‑premier role.
Peskov repeatedly said that the Ministry of Finance is a critically important ministry, especially now, and that the continued task of ensuring macro‑economic stability further increases its role, stressing budgetary discipline and the need for additional coordination.