Remittances to Kyrgyzstan continue to grow, with $317.7 million received in July

In July, according to the National Bank, the volume of remittances from individuals to the country amounted to $317.7 million, which was the highest figure since the beginning of the year.

The bulk of the inflows traditionally came from the CIS countries — $298.4 million, of which:

• from Russia — $291.3 million;
• Kazakhstan — $900,000;
• other CIS countries — $4.2 million.

$19.3 million came from countries outside the CIS, including:

• the United States — $12.9 million;
• Turkey — $1.8 million;
• South Korea — $100,000;
• other countries — $4.5 million.

For comparison, in June of this year, the total volume of transfers amounted to $295.1 million, and in May — $299.2 million. Thus, the July figure was 7.66% higher than in June.