Page 14 - கேந்ய தேசிய பணியகம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Diaspora remittances remain strong at Sh33.1bn in June by MARTIN MWITA A customer using a money payment App/FILE •The cumulative inflows in the 12 months to June 2021 totaled $3.38 billion , a 20.3 per cent jump compared to $2.81 billion same period in 2020. •Education, healthcare, and household needs are the main uses of remittances in Kenya, an analysis by global payments company, WorldRemit, indicates. Kenyans working and living abroad sent home $305.9 million (Sh33.1 billion) in June, with the US remaining the largest source of the inflows into the country. This is about six per cent more when compared to the $288.5 million (Sh31.2 billion) sent home in a corresponding month last year, Central Bank of Kenya (CBK) data shows, with sector players projecting even a stronger performance in the second half.

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