Money sent home by migrant workers accounts for more than a quarter of GDP in Tajikistan and Kyrgyzstan. Remittances sent home by migrant workers, a key source of income for several countries across Eastern Europe and Central Asia, are projected to...
Tag - Remittances
Russia’s economy has long relied on workers from Central Asia, but Covid-19 restrictions have halted seasonal migration, while millions of labourers already in...
The public and private sectors need to come together to ensure that the countries of the region continue to diversify their economies. Last year, the Covid-19 crisis hit...
As the Covid-19 pandemic and economic crisis continues to spread, the amount of money migrant workers send home is projected to decline 14 per cent globally by 2021 when...
The European Bank for Reconstruction and Development (EBRD) is forecasting a deeper economic contraction and softer recovery in 2021 for its region, saying the fallout...
The Covid-19 pandemic has hit almost every country in the world, including many Eastern European emerging markets, such as Romania, Moldova, Poland, Serbia, the Russian...
The regional economy of emerging Europe and Central Asia is forecast to contract by 4.7 per cent in 2020, with recessions in nearly all countries, according to new...
This was a week in which the managing director of the International Monetary Fund, Kristalina Georgieva, called for “a global response like no other to deal with a...
Economies across emerging Europe are bracing for a sharp fall in remittances from foreign workers, with remittances to Europe and Central Asia projected to decline by...
