Becoming a Russian Oligarch After Rebirth
Chapter 1476 - 1138: Proceeding in an Orderly Way

Chapter 1476: Chapter 1138: Proceeding in an Orderly Way

This term’s Duma election, compared to the "thrilling" General Election, seemed a bit calmer.

Throughout the period, no significant incidents occurred, and within just one month, the transition was smoothly completed, with all newly elected or re-elected Duma Members taking their seats.

The election results also met most people’s expectations.

The faction once led by Wang Ye, now led by Dania and Oleg, remained the biggest winner in this Duma election!

They secured 230 of the 450 seats, which is more than half!

The faction led by Rilinov became the second-largest force in the Duma, with 80 seats.

The faction led by Grezlov, on the other hand, got 50 seats, becoming the Third Faction.

The originally largest faction, the Hilarwick Group, only secured 48 seats this time, ranking as the Fourth faction.

Represented by Rossiyana with Du Jin as the Party leader, the Royalist Party won 42 seats, becoming the newly emerged Fifth largest faction!

As for the Minor factions that used to scatter a few seats, they were "wiped out" in this term’s transition, indicating that there were no longer spaces for Minor factions to exist in the Duma...

After the new Duma’s transition was complete, the first Duma Congress elected the Speaker and Vice Speakers.

Grezlov was elected Speaker by a high vote.

Rilinov was elected as the first Vice Speaker.

Dania, Oleg, and Du Jin served as ordinary Vice Speakers, and everything went smoothly according to Wang Ye’s plan.

...

In fact, before the Duma elections were over, Wang Ye had already met behind closed doors several times with Medvedev, Gavriil, and others, discussing the new Cabinet member list.

The departments under Wang Ye’s direct control were naturally not included in this adjustment, with the focus being on minor adjustments to some of the Government Departments, without moving too many people.

However, for one key position, the Ministry of Finance Minister, Wang Ye did not seek Medvedev’s opinion and made the decision directly.

His chosen candidate was Yelena...

When Medvedev heard this name, he seemed to want to say something, but in the end, he held back and did not voice any objections.

After all, Yelena was one of the people Wang Ye trusted most, and with a high education and intelligence, she had worked by Wang Ye’s side for six or seven years!

In the past two years, she began to be entrusted with an important post by Wang Ye, serving as the director of the Industrial Support Fund Office, with an annual discretionary cash flow of up to one to two hundred billion US dollars, and she performed exceptionally well in this position.

Industries like Automobile, Internet, and Chip which have quietly become the engines of the National Economy, were developed with the support of Yelena’s Industrial fund.

Therefore, it makes sense for such a character to be the Minister of Finance.

Whether it’s seniority or capability, Medvedev can’t find a candidate to compare with her...

So even if others know that Wang Ye is deliberately arranging his confidant in a key position, nobody can fault it.

Of course, even after Yelena became Minister of Finance, she would still hold the office of director of the Industrial Fund, as Wang Ye basically left all matters related to money to her!

However, for the newly established Kremlin Special Fund, Wang Ye planned to put Nova in charge, to gradually let his "little sister-in-law" take over some important work.

After all, it’s within the family, there are no concerns about its use, and that Special Fund is not a public fund – sometimes it’s used for special purposes, and the fewer people who know about it, the better!

...

After the new Cabinet list was submitted to the Duma, it was passed by vote the next day, which showed that the relationship between the Kremlin and the Duma was very harmonious and well-cooperated.

Of course, this was also because Wang Ye started his career in the Duma and still wielded significant Influence there.

Had it not been Wang Ye who won the General Election, but someone else instead, there would have probably been disputes over the Cabinet list...

After settling these two major affairs of the Duma and the Cabinet, it was already May 2009, and Wang Ye’s focus returned to Economic Development.

After nearly two years of Economic Policy stimulus and the active bailouts by countries worldwide, the Economic crisis that started in ’07 and swept worldwide in ’08 had begun to recede, and the global economy was warming up.

In this worldwide Economic crisis, traditional economic powerhouses were basically hit hard, but there were a few Major Powers whose economies shone.

This included China, India, and Russia!

Especially Russia, whose economic growth in the past few years was particularly stunning!

It had been growing at double-digit rates for five consecutive years.

Although it’s true that a significant reason is Russia’s low base, so once the International Energy Prices rise or the export volume of bulk commodities increases, it’s relatively easy to boost the National Economy’s growth rate.

But it’s also undeniable that behind all this, Wang Ye’s efforts and contributions cannot be ignored.

Otherwise, why couldn’t Russia’s economy develop for so many years before he took charge of the National Economy...

The reason why he could be recognized by almost all Faction forces and sit in his current position is that everyone believes he’s an economic genius, and the country’s development is inseparable from him!

...

On May 9th, in Simferopol on the Crimea Peninsula, the heads of states of the Economic Mutual Assistance Organization member countries gathered for a meeting.