BAKU, Azerbaijan, June 15
By Tamilla Mammadova – Trend:
Georgia received $131.8 million from abroad in May 2020, which is 9.6 percent less than the amount in May 2019, Trend reports referring to National Bank of Georgia (NBG).
Some 92.8 percent of the total money transfers from abroad came from 14 largest partner countries, with the volume of transfers from these countries each exceeding $1 million.
As reported, Italy, Russia and Greece were the largest remittance senders in Georgia in May 2020. Georgia received $27.59 million from Italy, $19.77 million from Russia, and $18.82 million from Greece.
The other countries regularly sending money transfers to Georgia in May 2020 included United States – $15.21 million, Israel – $11.28 million, Turkey – $7.42 million, Germany – $5.34 million, Ukraine – $3.67 million, Azerbaijan – $3.56 million, Spain – $3.23 million, Poland – $2.02 million, France – $1.86 million, Canada - $1.39 million
UK - $1.03 million.
In May 2020, remittances leaving Georgia totaled $13.6 million, which is a 33.7 percent decrease year-on-year.
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