Migrants transfer $ 934.8 million to Kyrgyzstan for five months of 2019

In January-May 2019, the volume of remittances to Kyrgyzstan reached $ 934.8 million. The National Bank of the Kyrgyz Republic reported.
Compared with the first five months of 2018, the amount reduced by $ 37.5 million. In May, migrants have transferred $ 194.3 million to the country. For the month, the amount decreased by $ 5.8 million, but compared to May 2018 - by $ 67.7 million.
Russia accounts for more than 90 percent of remittances - $ 916.8 million.
USA take the second place in terms of money transfers - $ 12.2 million. Other $ 5.5 million were transferred to Kyrgyzstan from other countries.
An outflow of money of $ 209.7 million was registered in January-April 2019. The bulk of the money was transferred to Russia - $ 208 million.
The net inflow of remittances in January-May 2019 to Kyrgyzstan amounted to $ 725.1 million.
Aa a result of 2018, the volume of remittances to the republic amounted to $ 2,685.3 billion. At least $ 542.2 million have been transferred from Kyrgyzstan to other states. Net inflow reached $ 2,143.1 billion.