BAKU, Azerbaijan, Feb. 15
By Tamilla Mamedova - Trend:
Annual remittances to Georgia increased by 11 percent in the week of Jan. 25-31, Trend reports via the TBC Capital's weekly economic review.
According to the review, annual remittance inflows from Azerbaijan grew by 169 percent within Jan. 18-25, and by 122 percent within Jan. 25-31.
Cash inflows from Azerbaijan have shown a significant increase. Annual remittance inflows from Azerbaijan to Georgia grew by 21 percent on Jan. 18-25, compared to that of the preceding week.
Annual transferred amounts from Russia have gone down for the last two weeks, while they are stably increasing from the EU countries.
Cash inflows from Azerbaijan and Ukraine have shown the highest increase for the last two weeks.
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