Remittance from Saudi Arabia rose to $302.26 million (37.78 billion shillings) in 2022, compared to $185.01 million a year earlier, Business Daily reported, citing Central Bank of Kenya data.
Despite geopolitical concerns, the 63.38 percent jump in diaspora inflows bucked a trend of reduced overall remittances.
The higher remittance is prompting Nairobi to seek a bilateral arrangement with Riyadh over a framework to allow more professionals to be recruited in Saudi Arabia.
