Russia is still accounting for most of the money transferred to Azerbaijan from abroad, Samir Nasirov, director of the Statistics Department of Central Bank of Azerbaijan (CBA), said at a briefing, Report informs.
"Nevertheless, compared to the same period last year, there is a decrease in the total amount of remittances from this country. This is due to the war with Ukraine," he said.
"In the first quarter of 2024, Russia ($155 million), Türkiye ($39 million), the US ($14 million), Georgia ($9 million) and the UK ($8 million) entered the top five,” Nasirov added.