Volume of money transfer from Azerbaijan to Georgia increased

Finance
  • 16 March, 2020
  • 10:39
Volume of money transfer from Azerbaijan to Georgia increased
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In February 2020, $ 2.05 million was transferred from Azerbaijan to Georgia, Georgian bureau of Report informs citing the National Bank of Georgia.

Azerbaijan's share in the total volume of transfers to the neighboring country made 1.49%. In annual comparison, the volume of remittances from Azerbaijan to Georgia increased by 44.67%.

Last month $1.3 million was transferred from Georgia to Azerbaijan.

In February, Georgia received $ 137.3 million from foreign countries, which is 9.5% or $11.9 million higher than last year. The money transfers from Georgia to other countries grew 22.4% to $21.7 million. 

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