Wage remittances to Ukraine from labor migrants hit $11 billion last year

Friday, February 1, 2019
Wage remittances to Ukraine from labor migrants hit $11 billion last year

Wage remittances to Ukraine from labor migrants hit $11 billion last year, according to Ekateryna Rozhkova, first deputy head of the National Bank of Ukraine. Assuming this figure is accurate, it means that money sent home by Ukrainians working outside the country increased by 50% since the summer of 2017, when the EU adopted a ‘no visa’ policy for 90-day stay stays by Ukrainians.

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