The repeated absences of Elvira Nabiullina, one of the most influential figures in the Russian economy, from major economic events in Moscow have fueled speculation about her position in the Kremlin’s power circle.
The Governor of the Central Bank of Russia, Elvira Nabiullina, has been absent in recent days from several high-profile economic events, fueling speculation in the Russian and international press about her position in the decision-making circle in Moscow.
Nabiullina did not recently participate in the Saint Petersburg International Economic Forum, an event considered one of the most important in Russia’s economic calendar.
The absence was only vaguely officially explained by “objective reasons”, without further details. Also, she would not have been present at a conference of the National Association of Securities Market Participants, according to dialog.
Recently, the central bank governor also missed a meeting organized at the Kremlin on the topic of stimulating investments, which was attended by high-ranking officials such as Prime Minister Mikhail Mishustin, Minister of Economic Development Maxim Reshetnikov, and Finance Minister Anton Siluanov. The absence of both Nabiullina and her deputies was noted by analysts, considering the importance of discussions on economic policy.
Some publications and independent economists have interpreted the repeated absences as a possible sign of a “cooling” of his influence or of tensions within the economic circle at the Kremlin.
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