Have you ever thought of Yeltsin’s resignation? What was the reason of his resignation? The following article we’ll discuss the resignation of Yeltsin that was a fascinating issue for both people in both the United States and the United Kingdom.

According to Yeltsin’s declaration that he didn’t resign because of a health issues, but rather due to the issues of the citizens in his apology to the people of Russia. Learn more about What caused Boris Yeltin to quit? .

The reason for the resignation of Boris

The referendum held on 17 March 1991, ratified the establishment of the office of President of Russia in which Boris Yeltsin was elected as the first president of Russia in an election for the presidency held on June 12, 1991.

There was a emergence of currency that alternated with the ruble soviet within the Soviet Union, the oil was not preserved, and there was a the rise in debts of public authorities. So, it didn’t affect just Russia as well as other post-soviet states. The country was stunned when he announced declaring his resignation six months prior to the expiration of his term.

Why Boris Yeltsin Resigned ?

During his presidency in office, he enacted various plans to change into a Russian command economy to a completely market economy. These included economic shock therapy and national privatization. The result was the economy slipping, and many criticized his management, including his vice president. According to the reports, Yeltsin halted an outbreak in the Parliament building and enacted the creation of a new constitution. He attempted to alter the economy through organizing a war of resistance against Chechen separatists. The second term of his government was a back out on loans and the ruble included, which was destroyed during the financial meltdown of 1998.

The motivation for the reason Boris Yeltsin resign has shocked the country and the general public. Yeltsin resigned from his post because he was not popular with those in the Russian population.

Boris in his campaign for president

Boris was elected one of the very First Russian President. The Russian President was ahead 57.30 with the help from officials from the Federal government. Following the election the president fought to mark up the protection of the sovereignity of Russia within the USSR.

The first decree focused on measures to improve education in Russia. Another decree was issued to stop the agitation of social mass movements and other social movements. Yeltsin’s resignation was certain after the operation for his cardiac arrest as well as the scandals he’d made both financially and politically for several years. He loved surprising his rivals. If we talk about the reason why Boris Yeltsin decided to Resign the solution would be that he did not resign due to a health issues, but rather due to issues with the mass.


There were many obstacles that arose during the period of Yeltsin and, as a result the prime minister was appointed by Putin and signed a decree ensuring the safety from Yeltsin against prosecution which included the safety of his family and the benefits. This article is not intended to disprove any claims or undermine someone else’s reputation We only provide the information that we have found online.

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