Remittances to increase ahead of festive season–WorldRemit

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Kenyans living and working abroad are projected to send home more money as schools reopen and the approaching December festive season.

This is after a slight drop in the month of August when diaspora remittances to the country shrunk by 7.1 per cent, as migrants struggled with the effects of Covid-19 pandemic which has hit economies across the world.

Central Bank of Kenya data shows Kenyans in the diaspora sent home $312million (Sh34.4billion) in August, down from $336.7 million (Sh37.1billion) sent in July.

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