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Saturday, 17 March 2018


Russian money to save Sakartvelo

2011-01-19 19:45

12487.gifPeople crowded in front of the banks in Tbilisi before the New Year day, eager to receive money transfers by holidays. Senders from Russia turned out to be most generous. Last December, they wired almost 74 million dollars to Georgia. Russia remains the largest live money supplier for the local people. In 2010, the amount of private transfers grew by three million dollars compared to 2009, while the New Year table practically in each Georgian family was paid for by relatives working in Russia.


What does Moscovite Teya Kelekhsaeva do when she gets her salary? On her way home, she drops into a bank to transfer four hundred US dollars to one of Tbilisi suburbs. This is the major share of her salary but Teya does not complaint. "It's not much or little, and it's not easy or hard - it's just my duty", - she says.

She's got parents and her brother's family in a poor town of Tetri-Tskaro. "I do not peep into their pockets and do not count the money I send. When I come there I can see that my four hundred dollars per month are the only notes possessed by two families", - Teya goes on.

When Teya with her husband went to Moscow her only purpose was to help her nephews who had no clothes to wear at school. Many things changed for the better since then but not in Tetri-Tskaro where there is still no job. Instead, there are several banks opened solely for distributing money transfers, and the local residents are true experts in various banking systems discussing which one is better at their evening coffee: Unistream, ANELIK or the expensive Western-Union.

As for Georgian residents, they have obviously got nothing to offer to their relatives living in Russia. According to the National Bank statistics, last December they transferred just three million dollars to Russia. In general, the average monthly amount of transfers from RF to Georgia was about 55 million dollars.

Compared to 2009, the amount of transfers did not grow much: only by three million dollars, while almost 700 million dollars were transferred to Russia from Georgia last year, which is an enormous sum for a small Caucasian country.

Georgian government should appreciate its fellow countrymen living in Russia and some other countries for their uninterrupted philanthropy, for it is the private transfers from Georgians living abroad that enable to pay scanty pensions and salaries without a threat of a social rebellion.

Over one billion dollars within 2010 is just the money that got into the people's pockets and let the people keep body and soul together.

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