May 31, 2013 / 6:18 AM / 7 years ago

Putin economy reshuffle to strengthen Kremlin: sources

Russia's President Vladimir Putin (front) meets with International Olympic Committee (IOC) President Jacques Rogge during the International Olympic Committee's (IOC) Executive Board meeting, which is part of the annual SportAccord convention, in St. Petersburg, May 30, 2013. REUTERS/Kirill Kudryavtsev/Pool

MOSCOW (Reuters) - President Vladimir Putin will appoint Economy Minister Andrei Belousov as his chief economic adviser, in a reshuffle that will tighten the Kremlin’s control over the management of Russia’s $2 trillion economy, sources said on Friday.

Belousov will move to the coveted position as the Kremlin’s “chief economist” in a reshuffle that follows the appointment of Elvira Nabiullina to run the central bank from next month.

The central bank’s first deputy chairman, Alexei Ulyukayev, may leave his post to become economy minister and be replaced by Russia’s Group of 20 summit coordinator Ksenia Yudayeva, sources close to the bank and the government told Reuters.

“He (Ulyukayev) is a very likely candidate,” one of the sources said, confirming a report in the Kommersant daily.

Ulyukayev had been a leading candidate to take over from the outgoing central bank chairman, Sergei Ignatyev, but his hawkish views on inflation were out of tune with Putin’s desire for the central bank to do more to boost flagging economic growth.

(Reporting by Daria Korsunskaya and Lidia Kelly; Editing by Douglas Busine)

This story was corrected to say Andrei Belousov in lede, not Sergei Belousov

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