[60615] Russia extends subsidized mortgage program in annexed territories
[60615] Russia extends subsidized mortgage program in annexed territories
Russian Deputy Prime Minister, Marat Khusnullin, announced that the 2% interest rate mortgage program in the new regions will continue until the end of the special military operation.
The mortgage framework in Russian-controlled territories
Russian Deputy Prime Minister, Marat Khusnullin, announced that the preferential mortgage program, which offers loans at an interest rate of only 2%, will continue to be in effect in the "new regions" until the end of the special military operation (SVO).
According to a report by the news agency RIA Novosti, known for its distinct pro-Kremlin line supporting Vladimir Putin's policies and the war in Ukraine, this statement was made during an interview conducted by the Deputy Prime Minister. The publication on RIA Novosti received widespread exposure with over 25,000 views.
The news was also confirmed by the channel Temy. Glavnoye (GlavMedia), which presents a position supporting Russian government policy and sharply criticizing the United States and Ukraine. According to GlavMedia, the program is intended to strengthen economic control in these areas by incentivizing real estate purchases under particularly favorable conditions.
This step is part of the Moscow government's efforts to normalize life in the territories annexed during the war and deepen their economic integration into the Russian Federation, while directly linking economic benefits to the continuation of the military operation.