Ministry of Finance (RSFSR)

(Redirected from Narkomfin)

The Ministry of Finance of the Russian Soviet Federative Socialist Republic (Russian: Министерство финансов РСФСР), known prior to 1946 as the People's Commissariat for Finance (Russian: Народный комиссариат финансов), or shortened to Narkomfin, was part of the government of the Russian Soviet Federative Socialist Republic from 1918 until the fall of the USSR in 1991. It was subordinate to the Ministry of Finance of the USSR.

Ministry of Finance of the RSFSR
Министерство финансов РСФСР
Agency overview
Formed8 November 1917; 106 years ago (1917-11-08)
Dissolved15 November 1991; 32 years ago (1991-11-15)
Superseding agency
JurisdictionRussian Soviet Federative Socialist Republic
HeadquartersMoscow, RSFSR, Soviet Union

History

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The Narkomfin commissar was part of Sovnarkom. Nikolai Krestinsky was the first commissar, appointed in 1918. However, following the introduction of the New Economic Policy, Narkomfin was made responsible for Gosbank,[1] the State Bank of the RSFSR and then the Soviet Union. On 26 November 1921, Lenin issued a note calling for the appointment of Grigory Sokolnikov, who took control of the organisation in 1922, although his formal position was not ratified until December 1922.[2]

In 1946, the People's Commissariat for Finance was transformed and renamed into the Ministry of Finance of the RSFSR.

After the failed August Coup of 1991, Boris Yeltsin and the RSFSR Ministry of Finance claimed authority over the Ministry of Finance of the USSR, the Gosbank, and Vnesheconombank. These Soviet institutions could not carry out any orders without the consent of the RSFSR Ministry of Finance.[3] The Ministry of Finance of the USSR continued functioning until the Ministry of Finance of the RSFSR issued a decree completing its takeover of the Soviet financial system.[4] The RSFSR Ministry of Finance was succeeded by the Ministry of Economics and Finance of the Russian Federation (1991), and the Ministry of Finance of the Russian Federation (1992).[5]

Commissars and ministers

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NameTook officeLeft office
People's Commissar for Finance of the RSFSR
Ivan Skvortsov-Stepanov27 October 191730 October 1917
Vyacheslav Menzhinsky30 October 191721 March 1918
Isidore Gukovsky21 March 191816 August 1918
Nikolay Krestinsky16 August 191822 November 1922
Grigori Sokolnikov22 November 19226 July 1923
Miron Vladimirov6 July 1923November 1924
Nikolay MilyutinDecember 1924December 1929
Varvara YakovlevaJanuary 1930September 1937
Vasily PopovFebruary 193820 April 1939
Mikhail Umnov21 April 1939September 1939
Arseny SafronovOctober 193928 March 1941
Alexei Poskonov28 March 194118 July 1945
Arseny Safronov18 July 194523 March 1946
Minister of Finance of the RSFSR
Arseny Safronov23 March 1946July 1949
Ivan FadeevSeptember 1949March 1973
Andrei BobrovnikovMarch 197310 May 1990
Boris Fyodorov18 July 19905 December 1990
Igor Lazarev5 December 199011 November 1991

See also

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References

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Notes

  1. ^ The State Bank of the USSR accessed 26 July 2008
  2. ^ Between right and left: Grigorii Yakovlevich Sokolnikov and the development of the Soviet state, 1921–1929 accessed 26 July 2008
  3. ^ Huskey 1992, p. 131.
  4. ^ Huskey 1992, p. 136.
  5. ^ Ivkin, V.I., ed. (1999). Государственная власть СССР. Высшие органы власти и управления и их руководители. 1923—1991 гг. Историко-биографический справочник [State Power of the USSR. Supreme Organs of Power and Administration, and Their Heads. 1923–1991. Historical and Biographical Handbook] (in Russian). Moscow: Russian Political Encyclopedia (ROSSPEN). p. 639. ISBN 5-8243-0014-3. Retrieved 29 September 2010.

Bibliography