00:00Russian President Vladimir Putin signs a new decree granting debt relief to newly recruited soldiers fighting in the country's ongoing
00:08war in Ukraine.
00:09The decree allows eligible recruits and their spouses to clear debts worth up to 10 million rubles or approximately 139
00:18,000 US dollars.
00:21According to the Kremlin order, Russians who signed military contracts after May 1st this year qualify for the government debt
00:28exemption program.
00:30Eligible contracts must last for at least one year and require direct participation in Russia's military operations taking place inside
00:38Ukraine.
00:39Russia's economy has been operating on a war footing for more than four years, with military needs taking priority over
00:46other sectors.
00:46For the same duration, Russia has offered high salaries and financial incentives to encourage more men to join military services
00:54across the country.
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