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Migrants Transfer $1.2 bln to Kyrgyzstan for 6 Months

Friday 10 August 2018

BISHKEK (24.kg) — The Central Bank of Kyrgyzstan has reported that In January-June 2018, the inflow of remittances to Kyrgyzstan totalled $1,228.8 bln.

Compared to the same period last year, the figure increased by $138.5 mln. More than 90% of the money was transferred from Russia ($1,205.9 bln). The USA takes the second place in terms of volumes of remittances ($11.8 mln).

However, fn June, labour migrants transferred $256.5 mln to Kyrgyzstan which is $5.5 mln less than a month earlier.

For the same period, $238.4 mln have been transferred from Kyrgyzstan to other countries. Thus, the net inflow of remittances into the country is estimated at $990.4 mln.

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