Remittance from Kenyan workers in Saudi Arabia rose US$117 million in 2022 as Nairobi eyes new labour deal

News published on Feb 22, 2023 @ 7:27 am

Remittances from Kenyan workers in Saudi Arabia rose US$117 million in 2022, an annual increase of 63 per cent as Nairobi seeks a bilateral professionals framework deal with Riyadh. The Kenyan central bank announced that the Kingdom has become the fastest-growing source of wages into Kenya, with money being sent from Saudi Arabia hitting US$302 million.

Tags#pressrelease+ Press review
Topic
Remittance families and development
Focus Region
Africa
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