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NBG: The Volume of Money Transfers Declined in July 2015

NBG, publishes report about money transfers in Georgia, in July. In July 2015, the volume of money transfers from abroad constituted 93.4 million USD (210.7 million GEL), which is 31.8 percent (43.5 million USD) less than the amount in July 2014.

90.9 percent of the total money transfers from abroad came from 12 big donor countries, with the volume of transfers from of these countries each exceeding 1 million USD in July 2015. In July 2014 the share of these 12 countries constituted 93.2 percent of the total volume of money transfers.

In July 2015, 13.1 million USD (or 29.6 million GEL) was transferred from Georgia, as compared to 15.2 million USD (or 26.7 million GEL) in July 2014.