Kazakhstan replaces Russia as destination for Uzbek migrants

News published on Apr 23, 2024 @ 11:58 am

Uzbekistan has become the greatest recipient of remittances from Kazakhstan. In 2023 Uzbeks sent home US$588 million earned in the economy of their Central Asian neighbour, with about 80 per cent of cross-border transfers made through the Zolotaya Korona system. Russia, Turkey, Georgia and Kyrgyzstan made up the top five.

Topic
Market insights+ Remittance families and development
Focus Region
Asia
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