#REMITTANCES
Net inflow of non-commercial money transfers to Armenia from abroad down 1.4 times in 10 months of 2024
The net inflow of private cross-border remittances to Armenia from abroad through the banking system in January-October 2024 dropped to $1.03 billion from $1.45 billion in the first ten months of 2023, the report of the Central Bank shows.Net inflow of private remittances to Armenia decreased more than five times in January 2024
The net inflow of private cross-border remittances to Armenia sent through banks slashed to $32.8 million in January 2024 against $170.2 million in the first month of 2023, the Central Bank's report said.Remittances sent to Armenia from abroad in 9 months of 2023 amount to $4.3 bln
Private remittances sent to Armenia from abroad through the banks in the first 9 months of 2023 amounted to $4.3 billion, up from $3.5 billion sent to Armenia in the first 9 months of 2022, according to Armenia's Central Bank.World Bank: remittances remain resilient but likely to slow
Officially recorded remittance flows to low- and middle-income countries (LMICs) are estimated to grow by 1.4% to $656 billion in 2023 as economic activity in remittance source countries is set to soften, limiting employment and wage gains for migrants, according to the World Bank’s latest Migration and Development Brief, released on June 13.Opposition MP questions Armenia's economic growth numbers
A member of the Armenian parliament Tadevos Avetisyan from the opposition Hayastan (Armenia) alliance downplayed today the authorities’ optimism regarding the economic growth last year saying 3/4 of the 14.2% expansion was prompted by the Ukrainian-Russian conflict that forced tens of thousands of mostly Russian nationals to arrive in Armenia, who brought their money and prompted a strong surge in demand.Former head of Central Bank: economic activity figures in nine months of 2022 'impressive'
In an interview with Civilnet.am, former head of Armenia's Central Bank Bagrat Asatryan described the economic activity figures in the first nine months of 2022 as 'impressive', noting that the growth was accelerated largely by the Russian-Ukrainian conflict making Armenia benefit from an influx of quality specialists from Russia and from an increase in remittances.Armenia's Central Bank expects private remittances to Armenia to grow this year by 15-17%
Armenia's Central Bank expects the amount of private remittances sent to Armenia from Russia and other countries largely by labor migrants to grow this year by an average of 15-17%, Chairman of the Central Bank Martin Galstyan told reporters on Tuesday.Private remittances sent to Armenia via banks in May 2019 grew to $168.9 million
The amount of private remittances sent to Armenia via banks in May 2019 totaled $168.9 million, an increase of $29.2 million, or 20.9% as opposed to the same month in 2018, the Central Bank of Armenia said today.Private money transfers sent to Armenia in two months of 2019 amounted to $259 million
The amount of private money transfers sent to Armenia in the first two months of 2019 via banks stood at $259 million, an increase of $38 million, or 17% from the same time span of 2018, the Central Bank said.Non-commercial remittances to Armenia grew by 14.7% in 2018 April year-on-year to more than $125.4 million
The amount of non-commercial individual remittances sent to Armenia trough the banks in April 2018 grew by 14.7% year-on-year to more than $125.4 million, the Central Bank of Armenia said in a statement, posted on its official website.News 1 - 20 of 34
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