Private money transfers into Ukraine – largely from workers outside the country — increased by 30% through May

Private money transfers into Ukraine – largely from workers outside the country — increased by 30% through May, compared to the same five months last year, Bohdan Danylyshyn, head of the Council of the National Bank of Ukraine, writes on his Facebook page. The figure for money sent through banking channels was $4.5 billion. The central bank expects remittances from labor migrants this to hit $11.6 billion, up 25% over last year.