The NBU said the amount of remittances from migrant workers in 2018

The NBU said the amount of remittances from migrant workers in 2018
21:00 Thu, 31 Jan 2019 Telegraph Economic truth Photo: Facebook Business news: migrant Workers transferred to Ukraine $ 11 billion for the year.

The national Bank estimates remittances from labor migrants in 11 billion dollars by 2018.

This was stated by Deputy head of the NBU Ekaterina Rozhkova at a press briefing.

“Given the current trends, namely the leveling of salaries, the recovery of economic growth and a surplus of the markets of our neighbors to labor, we expect a slowdown in the trends of labor migration,” she said.

NBU made the Outlook on the Ukrainian international reserves

At the same time, the NBU expects further nominal growth of income of migrant workers.

In 2017 the amount of private remittances in Ukraine amounted to 9.3 billion dollars.

Due to labor migration in Ukraine may accelerate rising prices and slow economic growth .

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