IN JANUARY-FEBRUARY, FOREIGN REMITTANCES TO GEORGIA DECREASED BY 6.9% Y-O-Y

In January-February, foreign remittances to Georgia amounted to $494.7 million, decreasing by 6.9% year-on-year, said Galt&Taggart, referring to data from the National Bank of Georgia.

In particular, remittances in February amounted to $252.3 million, decreasing by 5.3% year-on-year, after 8.5% decrease in January.