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11-10-2017 13:57 2483

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In the last three years after the fall in winter, the volume of remittances in Europe and Central Asia by the end of 2017 has grown by 8.6% annually, according to the World Bank's analytical forecast, devoted to migration trends and global market (Migration and Remittances):

According to experts, in addition to the low base effect, market recovery is mainly conditioned by the strengthening of the Russian ruble against the US dollar, as well as the gradual recovery of Russia and Kazakhstan after two years of recession. In the first half of 2017, foreign transfers from Russia increased by more than 10% (in dollar terms), though transfers in rubles continue to decline. 2018-2019 The positive outlook for money transfers is also conditioned by the increase in economic activity and employment in the eurozone. According to the report, the largest recipients of remittances remain Russia and Ukraine, and most dependent are Kyrgyzstan and Tajikistan.

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