Kenyans living and working in Saudi Arabia have leapfrogged those in the United States to become the biggest drivers of growth in cash wired back home, underlining the lingering effect of elevated inflationary pressures on household earnings in the world’s largest economy.
Remittances from the Middle East’s economic powerhouse accounted for nearly two-thirds of the growth in diaspora inflows for the first eight months of the year, the latest official data show.
