Money transfers from Azerbaijan to Georgia on the rise
Georgia received $122.4 million from abroad in the form of money transfers in April. The Georgian National Bank has said that it is 8.6 per cent more than in April 2012.
According to the report, the main part of the money transfers from abroad fall to 12 countries. Proceeds from these countries exceed $1 million.
According to the Georgian National Bank, Azerbaijan is one of
such country. Around $1.1 million was transferred from Azerbaijan
to Georgia in April, or $ 400,000 more than in April 2012.
The largest part of money transfers to Georgia fall to Russia,
Greece, Italy, the U.S and Ukraine.
Around $13.7 million was transferred from Georgia to countries
overseas in April 2013, compared to $7.9 million in April 2012.
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