×
App Icon
The Standard e-Paper
Fearless, Trusted News
★★★★ - on Play Store
Read on the App

Kenyans abroad defy global headwinds send home Sh500b

Remittance inflows in 2022 reached an all-time record of Sh498.8 billion. [iStockphoto]

Kenyans working and living abroad sent home a record Sh498.8 billion last year, official data shows.

The record remittances indicated how the Kenyan diaspora defied global economic headwinds and helped their families survive a ballooning cost of living.

Get Full Access for Ksh299/Week
Bold Reporting Takes Time, Courage and Investment. Stand With Us.
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in