Thursday, June 13 2024 18:55
Alina Hovhannisyan

Martin Galstyan: Azerbaijan is not among top 50 remittance  destinations

Martin Galstyan: Azerbaijan is not among top 50 remittance  destinations

ArmInfo. The Central Bank keeps statistics on transfers only for the 50 major destinations, and  Azerbaijan is not on this list. This was stated in Parliament on June 13 by Martin Galstyan, Governor of the Central Bank of Armenia, answering questions from MPs about money transfers from Azerbaijan to  Armenia.

"If they are not there, continuing the logical chain, we can assume  that either the amounts are very small, or they do not exist at all,"  Galstyan noted.

He recalled an incident that had taken place years ago that had  caught the public's attention. The incident was related to a money  transfer from Azerbaijan to Armenia. As the head of the Central Bank  noted, after the study, it was found that it is only about one  transfer of 30 thousand euros, which was sent from Azerbaijan to  Armenia by an international organization.

"But Azerbaijan is not among these 50 countries. And I assume that  the share of transfers of the last country on this list is very  small," he summarized.