NBG: Money Transfers In May

NBG: Money Transfers In May

NBG: Money Transfers In May

The FINANCIAL -- In May 2017, the volume of money transfers from abroad constituted 115.4 million USD (280.1 million GEL), which is 24.2 percent (22.5 million USD) more than the amount in May 2016.

92.8 percent of the total money transfers from abroad came from 14 largest donor countries, with the volume of transfers from of these countries each exceeding 1 million USD in May 2017. In May 2016 the share of these 14 countries constituted 92.4 percent of the total volume of money transfers, according to NBG.

In May 2017, 18.2 million USD (or 44.1 million GEL) was transferred from Georgia, as compared to 15.8 million USD (or 34.5 million GEL) in May 2016.