Special Report: Economics
February 17, 2017
REMITTANCES – 2016
In 2016, compared to 2015:
- The volume of remittances increased by 6.6% and amounted to 1.1 bln USD;
- Remittances from Russia, the leading source country, makes up 34.3% of total remittances, a decrease of 8.8%.
- The United States moved from fourth to second place, reaching 11.1% of total remittances;
- The United States is in the first position in terms of remittances per migrant and is 1.2 times higher than remittances per migrant from Russia.
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Policy and Management Consulting Group (PMCG) is development consulting company, specializing in policy advising, capacity building, social infrastructure development, and corporate management. PMCG is primarily working in the regions of Eastern Europe, the Caucasus, Central Asia, the Middle East and Africa, with bilateral and multilateral development institutions, such as: USAID, European Commission, World Bank, UNDP, ADB, JICA and others.