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. Last Updated: 07/27/2016

Putin Slips Up in Rush to Reform

In President Vladimir Putin's rush to announce the composition of the new government, a presidential decree containing omissions and inaccuracies appeared last Thursday.

The faulty decree, published in Rossiiskaya Gazeta, failed to transfer some key powers to the newly created Federal Financial Markets Service.

The document did not mention that the service -- which is to report directly to Prime Minister Mikhail Fradkov --will be in charge of overseeing pension fund investments and selecting the companies that manage them. Previously this job was performed by the Finance Ministry. The decree also omitted the service's market oversight functions, which had been performed by the now disbanded Anti-Monopoly Ministry.

As a result of the mishap, officials scrambled to release a corrected version of the same decree Friday.

Observers expressed amusement that an incorrect presidential decree had even been published.

"I cannot remember a presidential decree being published with mistakes," Aleksei Volin, former head of the government information department, told Vedomosti last week.

Georgy Satarov, who served as an aide to President Boris Yeltsin between 1994 and 1997, however, noted that the incident is not surprising "given the general sloppiness all over the place," Vedomosti reported.

 Responsibility for registering media enterprises has been transferred to the Justice Ministry, Interfax reported. Previously the task had been assigned to the Press Ministry, but in last week's government revamp the latter was merged with the Culture Ministry to became the Culture and Press Ministry.