Why Did Boris Yeltsin Resign? Know Details

Have you ever thought of Yeltsin’s resignation? What could be the motive for his resignation? The following article we’ll discuss the resignation of Yeltsin which was an interesting issue for both people in both the United States and the United Kingdom.

In Yeltsin’s words that he didn’t resign due to a health problem, but due to concerns of the citizen in his apology to the people of Russia. Learn more about What caused Boris Yeltin to resignation .

The reason for the resignation of Boris

The referendum held on 17 March 1991, ratified the establishment of the presidency 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, lower preservation of oil, and a increase in public debt. So, it didn’t affect not only Russia but also other post-soviet countries. The country was stunned when he announced resigning six months prior to the expiration of his term.

Why Boris Yeltsin Resigned ?

In his time in office, he enacted various plans to change his Russian command economy to a completely market economy, which included economic shock therapy and national privatization. This led to the economy slipping, and many criticized his direction, including the vice president. According to the reports, Yeltsin halted an outbreak in the Parliament building and enacted an amendment to the constitution. He attempted to alter the economic system by organizing a war of resistance against Chechen separatists. The second term of his government was a back out on loans including the ruble which was destroyed during the financial meltdown of 1998.

The motivation of why Boris Yeltsin resign has shocked the country and the general public. The former president resigned as he was unpopular with people in Russian population.

Boris at the time of his presidential campaign.

Boris was elected one of the very initial Russian President. The Russian President was ahead 57.30 with the help by officials from the Federal government. Following the elections the president fought to mark the reaffirmation of the sovereignity of Russia within the USSR.

The first decree dealt with steps to develop education in Russia. Another decree was issued to stop the agitation of social mass movements and other social movements. Yeltsin’s departure was certain following his cardiac arrest as well as the scandals he’d made both financially and politically for many years. He was astonished by his adversaries. If we were to discuss the reasons why Boris Yeltsin chose to Resign The answer could be that he did not resign due to a health problem, but rather due problems with his mass.


Many obstacles arose during time of Yeltsin In the end the prime minister was appointed by Putin and signed a decree ensuring the safety for Yeltsin in the event of a prosecution which included his family’s safety as well as benefits. This article was not written to disprove any claims or to sabotage anyone and we have only included the data from websites.

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