Putin signs law allowing some Russian recruits to write off bad debts worth up to almost $100K as combat losses mount in Ukraine

Mon Nov 25 09:00:00 UTC 2024: ## Putin Offers Debt Forgiveness to Boost Ukrainian Frontline Troops

**MOSCOW** – Facing mounting casualties in Ukraine, Russian President Vladimir Putin signed a law Saturday offering significant debt relief to recruits joining the fight. The legislation forgives up to 10 million rubles (approximately $96,000) in outstanding debt for individuals signing at least a one-year contract, effective December 1st. The debt forgiveness also extends to the spouses of new recruits.

This move comes amid alarming reports of heavy Russian losses. The UK’s Chief of Defence Staff estimates over 1,500 Russian troops killed or injured daily in October, while NATO and Ukraine claim significantly higher overall casualty figures since the February 2022 invasion.

Analysts interpret the debt forgiveness as a sign of increasing difficulty in replenishing Russian forces. Carl Bildt, a former Swedish prime minister, noted on X (formerly Twitter) that the measure, coupled with previous financial incentives like $22,000 recruitment bonuses, highlights the Kremlin’s struggle to maintain troop numbers.

The new law follows other attempts by Russia to bolster its military presence, including the reported deployment of North Korean troops. It also coincides with increased Western military support for Ukraine, including the recent US authorization for Ukrainian strikes within Russia using US-provided long-range missiles.