According to TBC Capital's weekly economic review, remittances to Georgia in the week of 11-17 January remained nearly the same amount.
Remittance inflows from Azerbaijan, Ukraine, and the EU have shown the highest growth. Annual cash inflows from Azerbaijan to Georgia increased by 95% on 1-17 January and 108% in 4-10 January.
The amounts transferred from Russia dropped by 36% on 11-17 January and by 41% on 4-10 January.
Transferred amounts from Armenia to Georgia went up by 1% on January 11-17 and 19% on 4-10 January.
Georgia saw a downward trend from the Middle East countries (including Turkey). On 1-17 January, remittance inflows went down by 3%, while on 4-10 January, they grew by 1% only.
Remittance inflows from the EU states have been stably growing for the last two weeks.