Sovnarkhoz (Russian: совнархоз, совет народного хозяйства, sovet narodnogo khozyaystva, "Council of National Economy"), usually translated as Regional Economic Soviet, was an organization of the Soviet Union to manage a separate economic region. Sovnarkhozes were subordinated to the Supreme Soviet of the National Economy.

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Sovnarkhozes were introduced by Nikita Khrushchev in May 1957 in an attempt to combat the centralization and departmentalism of ministries.^[1][2] The USSR was initially divided in 105 economic regions, with sovnarkhozes being operational and planning management;^[3] the number was later reduced to 47.^[4] Simultaneously, a large number of ministries were shut down.