Australia, Canada, and the United Arab Emirates have emerged as Kenya’s fastest-growing source markets of remittance dollars this year, pointing to increased labour immigration into the countries.
Central Bank of Kenya (CBK) data on diaspora remittances segregated by source market shows that in the first five months of this year, inflows from Australia have gone up by 99 percent to $64.13 million (Sh8.24 billion at present exchange rate).
