In April 2020, money transfers from abroad decreased by 42.3% (compared to the same period in 2019) and totaled 79.1 million US dollars.
A total of $10.0 million was sent from Georgia, being 47.7% less than in April 2019.
As the National Bank of Georgia reports, money transfers to Georgia sharply decreased from Kyrgyzstan (-87.7%) and EU countries(-34.9%), namely, from Italy (-27.5%), Spain (-60.4%) and Greece (-37.9%).
Money transfers from Germany changed considerably.
According to the National Bank, remittances increased from Azerbaijan, while money transfers from Turkey and Russia decreased.
Besides, Georgia received a decreased amount of money from Israel (-4.7%) and Kazakhstan (-66.1%).
Italy and Greece are leading among the EU countries in terms of money transfers.