Money transfers to Georgia down 24% in March compared to ’14

(Interpressnews.)

TBILISI, DFWatch–The amount of money transfers to Georgia in March fell by 23.5 percent compared to the same period last year, according to a report by the National Bank of Georgia (NBG).

The amount of money transfers in March was USD 92.2 million, which is USD 28.4 million less than in last March.

91.6 percent of the transfers were sent from the 12 biggest donor countries. The top five oringinator countries were Russia with USD 34.3 million, Greece with USD 14.3 million, Italy with USD 8.9 million, USA with USD 8.5 million and Turkey with USD 6.6 million.

USD 15.4 million was sent abroad in March, 2015, according to NBG. Last year such transfers amounted to USD 14.2 million.