Yerevan, August 6, ARMENPRESS: The remittances in the four non-exporting oil former Soviet countries are sharply reduced; as “Armenpress” reports The Econimist Intelligence Unit Research Company informs this.

Tajikistan, Kirgizstan, Armenia and Georgia mainly rely on the money sent by the citizens working abroad (especially in Russia). According to the data of the Russian Central Bank these four countries totally received 6 billion US dollars last year.

Due to rapid growth in recent years after the fall of 2009, economic activity in the remittances has grown. The income of the 2011 remittances in Tajikistan amounted to about 42.5%, in Kirgizstan 28%, in Armenia 11% and in Georgia 7%.

However, the gloomy anticipations of the global economy may mean that the rapid growth of remittances for these four countries come to an end.