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Remittances from Azerbaijan increase by 78%

Remittances from Azerbaijan increase by 78%
Remittances from Azerbaijan increase by 78%

In the last week of December 21-27, remittances from Azerbaijan to Georgia increased by 78%. In the period of December 14-20, the amount transferred from the neighboring country increased by 59%.

The economic review of TBC Bank reveals the information.

According to the report, for the second week in a row, the amount transferred from Azerbaijan to Georgia increases only by double digits.

As for the rest of the neighborhood, after a noticeable increase in the previous week, cash inflows from Armenia returned to a negative growth rate.

Remittances from Russia decreased by 31% annually.

The growth rate of inflows from Middle Eastern countries (including Turkey) was 5%.

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