"In March-April there was a slight decrease of 12% in the flow of transfers. In May we already see a significant increase in transfers - 25%, due to a change of channels, towards official ones. Those who previously sent the money through carriers or other means have switched to official money transfer systems, after movement restrictions have been set," stated Cristina Harea, Deputy Governor, National Bank of Moldova.
Facilitating the population's access to remittances
Experts also note that it is difficult to estimate a real figure for the remittances amount, as some citizens still prefer to send money through informal channels.
To maintain the flow of remittances, Switzerland, the United Kingdom, the World Bank, IOM, UNDP and UNICEF have called on the Moldovan authorities to adopt a set of measures that will make remittances more accessible to the population.