Pavlov, Valentin Sergeyevich

Pavlov, Valentin Sergeyevich
▪ 2004

      Soviet politician (b. Sept. 26, 1937, Moscow, U.S.S.R. [now in Russia]—d. March 30, 2003, Moscow), participated in the failed coup of August 1991 against Soviet Pres. Mikhail Gorbachev. Pavlov was trained as an economist and entered the Soviet bureaucracy in 1959. In 1989 he was appointed minister of finance, and in January 1991 he became prime minister of the U.S.S.R. In this position he made the disastrous decision to withdraw 50- and 100-ruble notes from circulation. In a desperate effort to prevent the implementation of a new union treaty aimed at loosening central control, on Aug. 19, 1991, a group of eight communist hard-liners, among them Pavlov, announced that they had taken over the country and that Gorbachev was ill. Boris Yeltsin, then president of the Russian republic, rallied public support in Moscow, and the coup collapsed three days later. Pavlov was among those arrested and jailed, but the conspirators were granted an amnesty in 1994, after which Pavlov worked as an economist.

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