In April, migrants transferred $216.2 million to Kyrgyzstan, up by $1.9 million MoM. The National Bank of Kyrgyzstan presented such data.
In four months of this year, migrants transferred $759.1 million to the country, down by $225.2 million.
Russia accounts for more than 97% of remittances – $740.89 million. $4.27 million was transferred from other states to the Kyrgyz Republic and $10.63 million – from the United States.
Following the results of April, an outflow of funds of $46.2 million was also registered. The bulk of the money was transferred to Russia – $44.5 million. The outflow is estimated at $169.1 million in four months.
The net inflow of remittances in January – April 2021 to Kyrgyzstan amounted to $590 million. (24.kg/Business World Magazine)