Kenya’s monthly diaspora remittances from Saudi Arabia have dropped to the lowest levels in four years in the wake of the implementation of a new skills-based foreign worker permit system in the Gulf nation.
Central Bank of Kenya (CBK) data shows cash wired back home by Kenyans in Saudi Arabia slid to $16.30 million (Sh2.11 billion) in August and $16.85 million (Sh2.18 billion) in September.
