In 2007 the Moldovan citizens working abroad transferred through commercial banks 1 bn 216.22 mln USD. The remittances exceeded by 42.3% the amount registered in 2006.

According to the statistics of the National Bank of Moldova, 75.5% (918.75 mln USD) of the volume of remittances were transferred via money rapid transfer systems.

During 2007, monthly remittances registered a constant growth from 60 mln USD in January up to 127.36 mln USD in August and 129.56 mln USD in October. Experts say that the growing trend of the volume of transfers preserved by the end of 2007 and will continue this year.

Observers believe that the constant growth of the volume of transferred foreign exchange is a consequence of the growing number of citizens that work abroad, their legalization, but also increase of their remunerations.

The IMF forecast for 2007 an inflow of 1.283 bn USD, for 2008 an inflow of 1.411 bn USD. Remittances account for over 36% in the GDP and place Moldova on the first place in World Bank’s latest top.

The following money rapid transfer systems operate in Moldova: Anelik, Blizko, BESXspress, Caspian Monez Transfer, Contact, Grecia Transfer, Inter Express, Leader, Migom, Monez Gram, Privat Money, Posta Rapida, Strada ItaliaConistar (Travelex ), Trabex, Turkiye Express, Unistream, Uno Money Transfer, Western Union, Xpress Money.  // BASA-Press




Publication date: 26 February 2008   

Source:

Archive