Ramzan Kadyrov Provides Massive Financial Support for Russia's Invasion of Ukraine
On March 24, Ramzan Kadyrov, the head of Chechnya, announced that the Akhmat Kadyrov Regional Public Foundation had allocated 36.8 billion rubles (€395.8 million) to support Russia’s military operation in Ukraine.
"The ROF has allocated approximately 36 billion 800 million rubles [€395.8 million] solely for the needs of the SVO [Russo-Ukrainian War]," Kadyrov wrote on his Telegram channel while listing Chechnya’s achievements over the past 25 years.
He also emphasized that the fund had played a significant role in Chechnya’s economic development.
See Also
IMF Predicts Rising Strategic Reserves, GDP Growth, and Inflation Stabilization for Azerbaijan by 2030
Armenian Officials and Georgian President Discuss Strategic Cooperation, Peace Efforts, and Regional Stability in Yerevan
State Security Service of Georgia Identifies Occupation and Annexation as Primary National Security Challenge in 2024
Shalva Papuashvili Criticizes EU for Misusing Funds, Warns of Continued Harm to Georgia’s Democracy
