09:21

07.03.17

1 min.

Emigrants Bring More Money to Bulgaria than Foreign Investors

редактор |

Emigrants Bring More Money to Bulgaria than Foreign Investors

According to information of the Bulgarian National Bank, (BNB), in 2016 emigrants sent home a total of BGN 1.667 B, which is by BGN 14 M more than they did in 2015.


At the same time, the direct foreign investments to Bulgaria in 2016 were EUR 682 M. This is a whole 60% slump from a year ago, when the direct foreign investments in the economy were by EUR 1 B more.


In other words, our compatriots abroad sent back home BGN 332 M more than the foreign companies invested for the same period.


Added the money that they have brought in in cash and the small transfers of under EUR 5,000, it turns out that their contribution to the Bulgarian economy may be even more significant.



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