How much money does the Azerbaijani diaspora send home every year?

Wednesday, November 12, 2008


Here's the answer:

Each year, our citizens living abroad remit more than $1 billion home which also has some influence (on the economy).
It's interesting that the two nations in the Caucasus of Georgia and Azerbaijan are some of the few nations likely to be less affected than most by the current economic climate: Azerbaijan because of its large oil reserves and Georgia because of all the foreign aid pouring in as a result of the war.

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