Day: April 16, 2026

On April 15, President of the State Oil Company of Azerbaijan (SOCAR), Rovshan Najaf, held a meeting with senior U.S. officials, including Rebecca Neff, Senior Advisor at the U.S. Department of State, and Sarah Lemming, Country Manager at the U.S. Trade and Development Agency, AzerNEWS reports.

Money transfers to Georgia from abroad reached USD 320.60 million in March, marking a 9.8% increase compared to the same month last year, according to data from the National Bank of Georgia (NBG).

Once again, the largest share of these inflows came from the European Union and the United States, which together accounted for 64,4% of all transfers, totaling USD 206,58 million.

Transfers from EU countries alone totaled USD 145.58 million, representing 45.41% of overall inflows and a 10.71% increase compared to March 2025.

At the country level, the United States ranked first with USD 61 million (19.03%), followed by Italy with USD 55.29 million (17.25%). Other contributors included Russia with USD 38.2 million (11.91%), Germany with USD 28.33 million (8.84%) and Greece with USD 26.89 million (8.39%).

China recorded the sharpest year-on-year growth, with transfers increasing to USD 1.61 million. Significant growth was also reported from Armenia, up 40.71% to USD 1.42 million; Turkey, up 33.92% to USD 11.55 million; the Netherlands, up 30.15% to USD 2 million; and Spain, up 25.64% to USD 8.75 million.

By contrast, Kyrgyzstan saw the largest decline, with transfers falling 43.52% year-on-year to USD 3.97 million.

Meanwhile, money transfers from Georgia totaled USD 36.7 million in March 2026, up 14.5% from USD 31.2 million in March 2025.

Personal remittances to Georgia account for 11.9% of the country’s gross domestic product (GDP), according to the World Bank’s 2024 data.

Also Read:

• 31/03/2026 – Georgia’s GDP Up by 8.8% in February 2026
• 17/03/2026 – Money Transfers to Georgia Up 17% in February, EU and US Lead
• 16/02/2026 – EU, U.S. Remain Top Sources as Money Transfers to Georgia Rise 16.6% in January
• 26/01/2026 – Money Transfers to Georgia Rise 18% in December, EU and U.S. Remain Top Sources

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