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Putin: Russia will Allocate Trillions of Rubles for the Development of Controlled Territories in Ukraine

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Russian President Vladimir Putin announced today that Russia will allocate approximately two trillion roubles (equivalent to around half a trillion Czech crowns) from its budget over a span of 2.5 years to support the development of the territories currently under Russian control in Ukraine. During a meeting with schoolchildren, Putin referred to these areas as “new Russian regions” and emphasized the need to bring them up to the standard of the broader Russian nation.

Over the course of the past 18 months, Russia’s invasion of Ukraine has caused significant damage to the invaded country, particularly in the eastern regions, where some Ukrainian towns have been left completely devastated.

Putin expressed admiration for the talented and industrious residents of these newly acquired territories, noting that none of them were seeking handouts and were all eager to contribute through their work. In response to a student’s question during the discussion, Putin also suggested that tourism could potentially thrive in these regions.

It is worth noting that in September of the previous year, Moscow officially declared Ukraine’s Donetsk, Luhansk, Zaporizhzhya, and Kherson regions as part of Russia, following territorial gains made by Russian forces. However, shortly after this announcement, the Russian military lost control of Kherson, the administrative center of Kherson Oblast.



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