A.I. VASILYEV, THE FIRST MINISTER OF FINANCE OF RUSSIA

The article reviews the activity of A.I. Vasilyev, a prominent statesman of the Catherine period, the first Minister of Finance. The review shows that his career promotion was related entirely to the organizing skills, can-do attitude and high efficiency. The second half of the 18th century is particularly interesting because numerous reforms including the reform of public finance management where A.V. Vasilyev made a significant contribution were performed.All his activity was entirely connected with the search of new and more effective organizational forms of financial management in Russia. As a result of this search expeditions for mining, salt and wine industries were added to the expedition of the state accounts that was headed by him. Taking care of the correctness of the state revenue flow from these branches he established the reporting forms and the order of operations for mining, salt and wine expeditions. According to some scientists, A.I. Vasilyev made a register of laws regulating the financial management. The register included all the corresponding laws issued up to 1775.A.I. Vasilyev, the first state treasurer, was not only one of the developers of the treasure system as the most important financial institution of Russia. His name is connected with the developing of the state economy, providing of the background for establishing the Ministry of Finance. Being the first Minister of Finance of Russia he developed the principles of creating and executing the budget quarterly breakdown, forming the monetary policy of Russia.

Vyazemsky, Vasilyev, Directing Senate, formation of the monetary policy of Russia, Ministry of Finance, the first Minister of Finance, the first State Treasurer, general-attorney, the principles of the budget quarterly breakdown

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