Rising Trend: Bulgarians Abroad Send Increasing Amounts of Money to Home Country
February witnessed a surge in remittances from Bulgarians residing abroad, reaching a remarkable EUR 110.5 million, marking the highest value since last July
Emigrants' remittances to Bulgaria continue to grow and amounted to EUR 73.7 M in March 2013, according to data of the Bulgarian National Bank (BNB).
The amount is larger than the direct foreign investments in the country, which totaled EUR 49.2 M in March.
The expats remittances show a 15% increase for that month, making the highest amount since the beginning of the year.
From January to March 2013, the emigrants have wired a total of EUR 196.5 M to Bulgaria.
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