Outflow of monetary funds via money transfers accelerated in Kyrgyzstan - EDB

• Published date: 13 February 2023
• Publication title: Central Asian News Services

The outflow of monetary funds from Kyrgyzstan via money transfers has accelerated, the Eurasian Development Bank said.

"The volume of withdrawn funds grew 2.2 times in January-November 2022 compared to 2021 (2.1 times in January-October 2022)," the EDB specialists said.

Significant changes are observed in the geographic structure of financial flows sent via money transfers abroad.

The share of Russia declined to 59.3% in November 2022...