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Money transfers to Georgia from abroad hit $112.6 mln in April

Business Materials 17 May 2012 10:32 (UTC +04:00)
In April 2012, the volume of money transfers from abroad constituted $112.6 million, which is $6.8 million, or 6.4 percent more than the same amount in April 2011, the National Bank of Georgia told Trend on Thursday.

Georgia, Tbilisi, May 17 / Trend, N.Kirtskhalia /

In April 2012, the volume of money transfers from abroad constituted $112.6 million, which is $6.8 million, or 6.4 percent more than the same amount in April 2011, the National Bank of Georgia told Trend on Thursday.

According to the report, 92.3 percent of total money transfers from abroad fall on 11 big donor countries, from which the volume of money transfers exceeded $1 million in April.
Georgia received the largest amount of money by tradition, from Russia - $60.7 million, which makes up 53 percent of total transfers.

Greece ranks the second place, from where Georgia received $14 million in money transfers. The country is followed by Italy - $8.9 million, U.S. - $6.9 million, Ukraine - $3.9 million, Spain - $2.4 million, Turkey - $2.1 million, Israel - $1.3 million, India - $1.2 million, Germany - $1.1 million.

In April 2012 Georgia's money transfers to abroad amounted to $8 million. Last year it was $7.2 million.

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