(MENAFN- AzerNews) In November 2023, migrants transferred $191.2 million to
Kyrgyzstan, which is $19.6 million more than a month before. The
National Bank of the country provided the data.
Compared to November 2022, the figure decreased 1.2 times, or by
$48.1 million. The main part of remittances came from Russia-$178.6
million. At least $6.8 million were transferred to the Kyrgyz
Republic from other countries, and $3.1 million - from the United
States. In total, in January - November 2023, compatriots
transferred $1,803.1 billion to the country. This is 34 percent, or
$934.7 million, less than last year.
At the end of November, there was also an outflow of funds of
$28.3 million.
Over the month, the figure decreased by $7.4 million. Unlike
November 2022, the figure decreased five times, by $114.5 million.
The main part of the money was transferred to Russia ($25.3
million). For eleven months of 2023, $424 million was withdrawn
from the republic, which is 2.5 times, or $658.5 million less than
in 2022.
The net inflow of remittances in January - November 2023 to
Kyrgyzstan reached $1,379.1 billion.
This is $276.2 million, or 16.7 percent, less than the figure
for ten months of 2022.
At the end of 2022, the volume of remittances to the country
amounted to $2,928.2 billion. $1,200.7 billion was transferred from
the Kyrgyz Republic to other states. Net inflow is $1,727.5
billion.
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