October 05, 2025

Rubles to Rebuild


Rubles to Rebuild
Businesses need to grow somehow. The Russian Life files.

On October 3, Russian Prime Minister Mikhail Mishustin announced that the government would allocate more than R 4 billion (about $50 million) for businesses in three oblasts bordering Ukraine: Belgorod, Bryansk, and Kursk.

These business investments are part of a "comprehensive recovery program" for areas impacted by Russia's ongoing full-scale invasion of Ukraine. All three have been impacted by drone strikes and counteroffensives, and the money, according to Mishustin, would "strengthen the resilience of businesses that create jobs in these regions."

As Russia's war in Ukraine continues, citizens continue to feel the squeeze, even in regions not directly impacted by the horrors of conflict. The economy limps along towards an uncertain 2026, so much so that price controls on essential items are being considered.

In September 2024, the Russian state gave out R 5.2 billion (more than $56 million) to Kursk residents whose property was damaged in a Ukrainian offensive that took Russian forces weeks to halt.

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