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The proposed paper considers the role and dynamics of migrants? remittances in the post-Soviet region?their scale, forms, and territorial distribution. The major issues under consideration include the impact of migrants? remittances on their households? well-being and the socio-economic stability of the countries of emigration and immigration. The authors discuss both the negative (such as the increasing financial outflow from the receiving countries, the non-transparent character of many such flows, and the security aspects of the remittances problem) and the positive aspects of the migrants? financial transfers phenomenon. In this regard, of special interest to the authors is the stabilizing effect of migrants? remittances on the poorest post-Soviet states, including Armenia, Georgia, Kyrgyzstan, Moldova, and Tajikistan. The paper analyses the governmental response to the migration-affiliated financial flows in the region. ..PAT.-Unpublished Manuscript [ABSTRACT FROM AUTHOR]