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Azerbaijan Substantially Increases Remittances To Uzbekistan
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, January 2. The volume of
remittances of individuals from Azerbaijan to Uzbekistan amounted
to $3.881 million from January through September 2024.
The data obtained by Trend from the country's Central Bank shows that this indicator increased by 45.52 percent, or $1.2 million, compared to the same period last year.
On that account, the slice of remittances heading to Uzbekistan makes up a mere one percent of the whole pie.
According to the results of 2023, the volume of remittances of individuals from Azerbaijan to Uzbekistan amounted to $3.6 million.
To note, the volume of remittances of individuals from foreign countries to Azerbaijan amounted to $1.6 billion by the end of 2023.
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