suplex3000
VIP Member
'As the value of the Russian ruble plummets and Russia’s economy tumbles into recession, millions of Central Asian migrants have seen their real wages dwindle. On top of that, Russian authorities are introducing new, expensive regulations for foreigners who wish to work legally in the country. Some Uzbek migrants in Russia now say they are contemplating a return home. Such an influx of returnees could have uncertain ramifications for their impoverished country.
According to Russia’s ambassador to Uzbekistan, there are about 3 million Uzbek labor migrants in Russia, the most from any Central Asian country. Others estimate the number of Uzbeks could be twice that. Unofficial estimates put their remittances in 2013 at the value of roughly a quarter of Uzbekistan’s GDP. Kyrgyzstan and Tajikistan are even more dependent on labor migrants, with remittances contributing the equivalent of 30 percent and roughly 50 percent to their economies respectively.'
Yes, it's funny turn of events.
full article
Uzbekistan Ruble s Rout Breeds Uncertainty for Central Asian Migrants EurasiaNet.org
According to Russia’s ambassador to Uzbekistan, there are about 3 million Uzbek labor migrants in Russia, the most from any Central Asian country. Others estimate the number of Uzbeks could be twice that. Unofficial estimates put their remittances in 2013 at the value of roughly a quarter of Uzbekistan’s GDP. Kyrgyzstan and Tajikistan are even more dependent on labor migrants, with remittances contributing the equivalent of 30 percent and roughly 50 percent to their economies respectively.'
Yes, it's funny turn of events.
full article
Uzbekistan Ruble s Rout Breeds Uncertainty for Central Asian Migrants EurasiaNet.org
