BAKU, Azerbaijan, Nov. 16
By Tamilla Mammadova – Trend:
Georgia received $181.7 million from abroad in October 2019, which is 18.6 percent more than the amount in October 2018, Trend reports via the National Bank of Georgia.
Russia ($35.20 million), Italy ($27.50 million) and the United States ($21.25 million) was the largest remittance senders in October 2020.
Overall, the vast majority (94 percent) of all money transfers from abroad came from 18 countries.
After Russia, Italy and, the United States other countries regularly sending money transfers to Georgia in October 2020 included Greece - $19.74 million, Israel – $13.78 million, Ukraine – $10.95 million, Turkey – $10.09 million, Germany – $7.90 million, Azerbaijan – $5.33 million, Spain – $4.50 million, France – $3.01 million, Poland – $2.51 million, United Kingdom – $1.88 million, Kazakhstan – $1.81 million, Canada – $1.72 million, Ireland - $1.50 million, Cyprus – $1.09 million.
Last month, remittances leaving Georgia totaled $23.9 million, as compared to $22.5 million in October 2019.
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