KYIV, March 21 - The volume of remittances to Ukraine by migrant workers in 2018 could amount to at least $9.3 billion, Deputy Head of the National Bank of Ukraine (NBU) Dmytro Solohub stated.

"We expect that labor migration will decline in the medium term, but before it happens, it will grow for another two or three years. In January we expected private remittances to grow from $7.3 billion in 2017 to $7.8 billion in 2018. Now we are reviewing the outlook for the volume of money transfers taking into account the new methodology for their valuation and will publish it together with the rest of macroeconomic forecasts in April.