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THE ECONIMIST INTELLIGENCE UNIT RESEARCH COMPANY ESTIMATED REMITTANCES FROM RUSSIA TO ARMENIA
ARMENPRESS
6 August, 2012
YEREVAN
Yerevan, August 6, ARMENPRESS: The remittances in the four
non-exporting oil former Soviet countries are sharply reduced; as
"Armenpress" reports The Econimist Intelligence Unit Research Company
informs this.
Tajikistan, Kirgizstan, Armenia and Georgia mainly rely on the money
sent by the citizens working abroad (especially in Russia). According
to the data of the Russian Central Bank these four countries totally
received 6 billion US dollars last year.
Due to rapid growth in recent years after the fall of 2009, economic
activity in the remittances has grown. The income of the 2011
remittances in Tajikistan amounted to about 42.5%, in Kirgizstan 28%,
in Armenia 11% and in Georgia 7%.
However, the gloomy anticipations of the global economy may mean
that the rapid growth of remittances for these four countries come
to an end.
ARMENPRESS
6 August, 2012
YEREVAN
Yerevan, August 6, ARMENPRESS: The remittances in the four
non-exporting oil former Soviet countries are sharply reduced; as
"Armenpress" reports The Econimist Intelligence Unit Research Company
informs this.
Tajikistan, Kirgizstan, Armenia and Georgia mainly rely on the money
sent by the citizens working abroad (especially in Russia). According
to the data of the Russian Central Bank these four countries totally
received 6 billion US dollars last year.
Due to rapid growth in recent years after the fall of 2009, economic
activity in the remittances has grown. The income of the 2011
remittances in Tajikistan amounted to about 42.5%, in Kirgizstan 28%,
in Armenia 11% and in Georgia 7%.
However, the gloomy anticipations of the global economy may mean
that the rapid growth of remittances for these four countries come
to an end.