Cash receipts from Azerbaijan to Georgia increases

Finance Materials 27 November 2020 18:03 (UTC +04:00)
Cash receipts from Azerbaijan to Georgia increases

BAKU, Azerbaijan, Nov. 27

By Tamilla Mammadova – Trend:

The annual inflow of funds from Azerbaijan to Georgia doubled In the period from November 16 to 22, the growth was 203 percent, Trend reports via the TBC Capital.

As for the rest of Georgia's neighboring countries, receipts from Russia decreased by 20 percent annually for the mentioned period, while the growth rate of inflow funds from the Middle East (including Turkey) became positive in Nov. 16-22.

The annual change in inflow of funds from Armenia is still negative, the decline is 34 percent.

Meanwhile, from Nov. 16 to 22, the overall inflow of funds from all countries has increased, compared to the preceding week.


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