In October 2007, Moldavian Guest-Workers Transferred $ 129.56 million-the Record Sum for this Year.
According to the National Bank of Moldova, in January 2007, volume of remittances totalled $ 60.37 million, in February-$ 65.37 million, in March-$ 83.79 million, in April-$ 79.72 million, in May-$ 91.63 million, in June-$ 93.94 million, in July-$ 123.82 million, in August-$ 127.02 million, in September-$ 116.99 million and in October- $ 129.56 million, respectively. At the same time, according to NBM, approximately $ 727.69 million or 74.84%, were transferred through fast money transfer systems. It is marked that in October $ 102.07 million were sent through these systems. As "InfoMarket" agency informed before, in 2006 individuals from abroad sent to Moldova $ 854.6 million or $ 171.35 million (25.1%) more than the previous year. In particular, in I quarter of 2006, the amount of transfers amounted to $ 149.45 million, in the II quarter-$ 204.52 million, in the III quarter-$ 249.22 million, in the IV quarter-$ 251.36 million, respectively. The largest amount of remittances was registered in December ($ 87, 69 million), August ($ 86,14 million) and September ($ 82,61 million). Of total amount of transfers $ 628.62 million or 73.5% were sent through fast money transfer systems. The largest amounts were sent from Russia and Italy. According to the World Bank, the citizens of Moldova annually sent sums equal to 1/3 of GDP of the country.