Diaspora inflows grow slowest in 13 years

GRAPHIC | STANSLAUS MANTHI | NMG

Diaspora inflows for the first nine months of the year grew at the slowest pace in the past 13 years, putting more pressure on the country’s supply of dollars.

Data from the Central Bank of Kenya (CBK) shows cash sent from abroad grew by four percent in the nine months to September marking the slowest growth since 2010 when inflows grew by two percent.

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