Tajikistan tops Central Asia in money remittances from Russia

DUSHANBE, June 13, Asia-Plus – Russia’s Vedomosti cited Russian central bank as saying that over the first quarter of the year, labor migrants working in the Russian Federation have remitted to their homelands $1.373 billion.  The totaled included $1.2 billion transferred by guest workers from the CIS states. According to the Russian central bank, over […]

Zarrina Ergasheva

DUSHANBE, June 13, Asia-Plus – Russia’s

Vedomosti

cited Russian central bank as saying that over the first quarter of the year, labor migrants working in the Russian Federation have remitted to their homelands $1.373 billion. 

The totaled included $1.2 billion transferred by guest workers from the CIS states.

According to the Russian central bank, over the report period, Ukrainian labor workers have transferred to their homeland $220 million, Tajik labor migrants – $198 million, Uzbekistan – $178 million, Armenian guest workers – $133 million, labor migrants from Azerbaijan – $115 million, Moldavian labor migrants – $114 million and Georgian labor migrants – $102 million.

According to Tajik migration authorities, some 500,000 Tajik labor migrants are currently working in the Russian Federation, while experts assume that the number of Tajik labor migrants working in Russia is much higher than the official data shows.  According to them, some 1 million Tajik labor migrants are currently working in the Russian Federation.  

Labor migrants are a critical component in the economy of Tajikistan.  Remittances keep many struggling families at home above the poverty line, and help to alleviate the stress caused by a lack of domestic job opportunities. Migration remittance is considered one of the main sources of livelihood in Tajikistan, especially in rural areas.

Article translations:

Related Article

Оби зулол

Most Read

Join us on social media!

Aura

Recent Articles

Sanctions lifted: Dushanbe City Bank resumes international operations

The bank is returning to full-scale international operations.

Gasoline and diesel fuel in Dushanbe rose in price by 8.9% due to the war in the Middle East

The rise in global oil prices and, consequently, the cost of petroleum products has triggered the closure of the Strait of Hormuz.

The Ministry of Labor organizes consultations for migrants returning from Russia at Dushanbe airport

Employees of the Migration Service explain the requirements of Russian legislation and offer job vacancies in their homeland.

Tajikistan and Uzbekistan discuss simplification of customs procedures and implementation of VIN.TJ system

The VIN.TJ system is designed to simplify the process of vehicle registration and control.

Tajikistan climbs four places in the global fixed internet speed ranking

This is the country's best performance in the past five years.

President of Tajikistan launches hydro unit No. 7 at Nurek HPP

As of today, three units have been completely replaced at the country's largest hydroelectric power station.

Italian Opera in Dushanbe: Shohrukh Yunusov invites to an evening of musical revelations

The evening will feature the most recognizable Italian works alongside world and Tajik classics.

The European Union lifts sanctions on Tajik banks

This is attributed to successful reforms and improved financial transparency in the country.

Meta announced plans to lay off about 10% of its staff

The reason cited is the high costs of artificial intelligence development.