Putin Signs Law Forgiving Debts for New Military Recruits in Ukraine War

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President Vladimir Putin signed legislation Saturday offering substantial debt relief to new military recruits, as Russia seeks to boost its forces in Ukraine without resorting to another unpopular general mobilization.

The law, posted on a government website, allows for forgiveness of up to 10 million rubles ($95,835) in debt arrears for individuals who sign one-year contracts with the Defense Ministry beginning December 1. The debt amnesty applies to all potential recruits with active collection proceedings initiated before that date.

This latest incentive joins Russia’s growing array of financial inducements for military service, which have included payments several times the national average salary. The strategy aims to maintain troop levels while avoiding a repeat of September 2022’s general mobilization, which triggered a mass exodus of Russians from the country.

The recruitment drive comes as Russians have taken on increasing levels of consumer debt since the February 2022 invasion of Ukraine, according to central bank data. The bank recently raised its key interest rate to 21% in October to combat inflation and stabilize the economy.

“This approach allows the military to maintain voluntary recruitment while addressing both military manpower needs and individual financial pressures,” said military analyst Ivan Petrov. “It’s a targeted alternative to broader mobilization measures.”

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