Volume of money transfers from abroad declined by 42.3% y/y in April

The volume of money transfers from abroad amounted to USD 79.1 million (GEL 250.8 million) in April, a 42.3% (USD 58.0 million) decline on the same period of the last year.

89.6% of total money transfers from abroad come from 12 partner countries, from which the volume of such transfers exceeded USD 1 million USD in April. It is noteworthy that in April of the last year, the share of these 12 countries amounted to 89% percent of the total volume of money transfers.

In April, USD 10.0 million were transferred from Georgia, which is less than 47.7% compared to the same period of the previous year.

Michał Kobosko - we hope that your government eventually would either choose the European way, the democratic way or would resign seeing the number, the size and scale of the citizens' protests