On the basis of remittances, 214.6 million euros entered Serbia in March, which is 28 million euros (11.5 percent) less than in the same month last year.
This decrease is a consequence of the coronavirus pandemic in the world, they say for Tanjug from the National Bank of Serbia (NBS).
Personal transfers include remittances, pensions and other social benefits, as well as assistance and gifts from abroad, sent to natural persons who are citizens of Serbia.
“Given the current developments related to the coronavirus pandemic and its impact on world economic trends, realistic expectations are that inflows based on remittances in 2020 will be lower globally. In March 2020, on this basis, Serbia recorded a slightly lower inflow compared to March 2019, by 28 million euros, or 11.5 percent,” they stated from the National Bank of Serbia.
During March this year, the average value per individual transaction was around 900 euros, while about 90 percent of inflows on this basis were made in euros.
In the period January-March this year, the inflow was 665.5 million euros, which is 72 million euros (9.8 percent) less compared to the same period last year.
Most of them usually came from the countries where a large part of our diaspora lives and works, primarily from Germany, Switzerland, Austria and France.
On the list of the 10 most important countries from which the most money came to Serbia in the first three months of this year are Germany with 191.1 million euros (28.7 percent), Switzerland 87.1 million euros (13.1 percent), Austria 47.5 and France 46.5 million euros, followed by the United States with 43.8 million euros.
It is followed by Croatia with 36.2 million euros, Italy with 13.7 million euros, then the Russian Federation 12.8 and Sweden 10.9 million euros, while Slovenia is in tenth place with 13.1 million euros remittances.
A total of 162.8 million euros came from other countries of the world where the money comes from on this basis, which is 24.5 percent of the total remittances for the first quarter of this year, Vesti Online reports.
