{"id":263316,"date":"2025-04-23T18:10:46","date_gmt":"2025-04-23T14:10:46","guid":{"rendered":"https:\/\/armbanks.am\/?p=263316"},"modified":"2025-04-23T18:10:47","modified_gmt":"2025-04-23T14:10:47","slug":"in-armenia-remittances-have-begun-to-recover-after-a-35-decline-in-2024","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2025\/04\/23\/263316\/","title":{"rendered":"In Armenia, remittances have begun to recover after a 35% decline in 2024"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">YEREVAN, April 23. \/ARKA\/. On the demand side, average real wages in Armenia have increased in 2025, and net money transfers have shown an upward trend, contributing to consumption growth, according to the World Bank&#8217;s Armenia Monthly Economic Update \u2013 April 2025.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It says in the first two months of 2025, average real wages increased 2 percent (yoy), with limited impact on consumption.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Net non-commercial money transfers began to recover in January, following a 35 percent (yoy) decline in 2024.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In February, they increased 29 percent (mom), driven by increases from all sources, particularly Russia (up 34.9 percent, mom) and other countries (up more than three-fold).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to the Central Bank of Armenia, in February 2025, the net inflow of remittances amounted to $68.8 million against $121 million in February last year, and the net inflow of non-commercial money transfers was $44.6 million against $37.6 million in February 2024. -0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On the demand side, average real wages in Armenia have increased in 2025, and net money transfers have shown an upward trend, contributing to consumption growth, according to the World Bank&#8217;s Armenia Monthly Economic Update \u2013 April 2025.<\/p>\n","protected":false},"author":5,"featured_media":263108,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[12139,9216],"tags":[15837],"class_list":["post-263316","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy-en","category-news","tag-armenia-2"],"acf":[],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.9 - 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