Kenyans in diaspora defy corona to send home Sh337b

Central Bank of Kenya head office in Nairobi. [Jonah Onyango, Standard]

Coronavirus caught the world flatfooted, but nothing has pulled a surprise on economic experts more than the hike in diaspora remittances to poor nations during the pandemic.

The World Bank had even projected that remittance flows to low- and middle-income countries were expected to drop by around 20 per cent.