Hungarians Send Home Less Money

Economy

According to HVG, Hungarians ,who are working abroad, send home less and less money to their families.

Hungarians, who are working abroad, sent home 450 million dollars less money to their families in 2015 than during the year before. In 2015 Hungarians sent home about 4200 million dollars, while in 2014 about 4650 million dollars were sent back to Hungary.

Hungary is not the only country experiencing this tendency, other countries, where there is a high rate of emigration, also get less money from their citizens living abroad.

Causes of this tendency can be the decline of the forint’s value and the fact that many people choose to move abroad for good.

Source: www.debreceninap.hu

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