BAKU, Azerbaijan, Dec.5
By Tamilla Mammadova – Trend:
Annual remittances from Azerbaijan to Georgia grew by 227 percent on November 24-30 and amounted to an increase of 81 percent in the week of November 17-23, Trend reports via the TBC Capital weekly economic review.
According to the document, remittance inflows in Georgia are highest from Azerbaijan and Ukraine. Annual remittances from Armenia have still shown a downward trend, amounting to -22 percent on November 34-30 and -49 percent on November 17-23.
Annual remittance inflows from Russia have gone down by 8 percent.
Georgia experienced an increase in remittances from the Middle East countries, including Turkey, from November 24 to November 30.
Overall remittances in Georgia have grown by 3 percent in the last week.
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