YEREVAN, February 13. /ARKA/. Over $1.7 billion was transferred in non-commercial remittances to individuals in Armenia in 2012, which was 9.1% higher from a year earlier, the Central Bank said Wednesday.
Remittances from Armenia to foreign countries stood at $292.2 million in 2012 against $264.6 million in 2011 (10.4% up). The net income amounted nearly $1.4 billion versus about $1.3 billion reporting 8.8% rise.
The biggest net inflow was recorded from Russia as last year (nearly $1.3 billion). ($1 – 406.49 drams).—0-
