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Remittance outflows from Tajikistan to Georgia rise

Tajikistan Materials 16 November 2022 17:51 (UTC +04:00)
Aygun Maherramova
Aygun Maherramova
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BAKU, Azerbaijan, November 16. Money transfers from Tajikistan to Georgia considerably increased in October 2022, Trend reports with reference to the National Bank of Georgia.

According to statistics, remittance outflows from Tajikistan to Georgia in October of this year amounted to $3.6 million, which is more than a threefold increase over the same month in 2021 ($1 million).

Thus, Tajikistan ranked 16th in terms of remittances to Georgia in October 2022.

Russia ranked first among countries in the world in terms of remittances to Georgia in the reporting month - $299.2 million. Followed by Italy ($35.7 million) and the US ($29.9 million).

Meanwhile, the total amount of money transferred to Georgia in October this year amounted to $502 million, which is 2.4 higher compared to the corresponding month of last year ($206.7 million).

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