Putin instructed to free SVO soldiers from interest during the credit holiday
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President Vladimir Putin instructed the government to change legislation to exempt combatants in Ukraine from interest on loans during credit holidays. This is stated in list presidential instructions on the Kremlin website.
“Ensure that changes are made to the legislation of the Russian Federation to exclude the accrual of interest on loan agreements during the grace period,” the order says. The grace period is determined by the federal law of October 7, 2022 “On the peculiarities of the fulfillment of obligations under loan agreements by persons called up for military service upon mobilization, persons taking part in the military military service, as well as members of their families.”
The instruction was given following the results of the January meeting of the president with students participating in the SVO. Vladimir Putin was asked to sort out the inconsistencies in the system of credit holidays for combatants, in particular, with the accumulation of interest on loans. The President stated that “nothing should accumulate, no interest.”
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