Remittances to increase ahead of festive season–WorldRemit


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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