Georgia-Russia remittances reduced
In 2024, Georgia received $573 mln from the United States
remittances
Georgian residents receive nearly $300mln in remittances in July
Remittances to Georgia from abroad hit $298.1 million in July, with the figure including $128.34 million sent from EU member countries, the Georgian National Bank said. Transfers from EU states constituted 43.05% of the total volume, …
Kazakhstan and Uzbekistan refuse to work with Unistream system
Banks of Kazakhstan and Uzbekistan have suspended cooperation with the Unistream payment system, which fell under US sanctions. Earlier this was done by Georgian and Armenian banks.
Kyrgyzstan National Bank predicts 20% decline in remittances
Kyrgyzstan’s banking regulator has forecast that remittances from labor migrants in Russia may decline by 20 percent in 2022 compared to the year before
Kyrgyzstan and Tajikistan top recipient countries for remittances
Money sent home by migrant workers accounts for more than a quarter of GDP in Tajikistan and Kyrgyzstan
Remittances to Uzbekistan over-perform gold mining
Last year’s volume of remittances to Uzbekistan was equal to the level of 2019 and amounted to $ 6,03 bln, the report of the country’s Central Bank reads. "The volume of the cross-border transfers to Uzbekistan in …
Post-Soviet republics brace for sharp drop in remittances
Remittances in Moldova, Georgia, Armenia and Ukraine accounting for more than 10 per cent of GDP
Coronavirus exposes Central Asian migrants’ vulnerability
COVID-19 restricted migrants access to public health infrastructure
