Money transfers from Azerbaijan to Georgia decline

$1.42 million was transferred from Azerbaijan to Georgia in February 2019, down 11% in comparison to a year earlier, Report’s Georgian bureau informs citing National Bank.

Money transfer from Georgia to Azerbaijan increased by 2.1% to $842,200.

A total of $125.5 million was transferred from different countries to Georgia, up 10.2% or $11.6 million from the previous year.

Russia accounts for a bigger part of money transfers ($31.62 million).