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Russia Offers Debt Forgiveness to Bolster Military Recruitment in Ukraine War

Russian President Vladimir Putin signed a law that allows debt forgiveness for new recruits signing up to fight in Ukraine.
The legislation allows bad debts of up to 10 million roubles to be written off for those signing one-year contracts.
Political analyst Georgy Bovt noted that this law strengthens motivation for signing a contract, which experts believe will help recruit new fighters.

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NEWSREP

SOFREP Daily: Russia Pounds Ukraine with Drones and Missiles, Putin Offers Debt Forgiveness to New Recruits, Russia Captures British Fighter

Here’s your SOFREP Daily News Brief: Key defense and global affairs insights to keep you in the know on Monday, November 25. #SOFREPDaily #GlobalDefense #UkraineRussiaWar #MiddleEast #CyberWarfare

3 months ago

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NHK World

Putin signs law to forgive debt for those who join military

Russian President Vladimir Putin has signed a law granting debt relief to those who enroll in the military. The move taken on Saturday is seen as a step to recruit more troops to fight in Russia's invasion of Ukraine.

3 months ago·Tokyo, Japan

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Lucianne

Ukraine shows AP the wreckage of a new <br/>experimental Russian missile

Russian President Vladimir Putin has signed a law granting debt forgiveness to new army recruits who enlist to fight in Ukraine. The measure, whose final versi

3 months ago

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jurist.org

Putin signs law providing debt relief for new military recruits serving in Ukraine

Russian President Vladimir Putin signed into law on Saturday a bill that provides debt relief to recruits who sign up to fight in Ukraine and their spouses. Federal law No. 391 was previously passed by Gosduma, Russian parliament, on Tuesday 19 November, and comes into force in December. The policy provides for the cancellation of overdue loans concluded before December 1, 2024. This applies to cases where a court order for debt recovery was is…

3 months ago

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The Columbian

Moscow to forgive recruits’ debts

KYIV, Ukraine — Russian President Vladimir Putin has signed a law granting debt forgiveness to new army recruits who enlist to fight in Ukraine. Read more...

3 months ago·Vancouver, United States

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Daily Mirror

Putin's new law wipes out £76k of debt for every Russian fighting in Ukraine

Russian president Vladimir Putin has introduced a new law which would wipe out the debts of young conscripts singing up to fight in Ukraine, with the one-year contract cancelling debts of up to £76k

3 months ago·London, United Kingdom

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