The government recognises the enormous contribution of the Kenyan Diaspora in the country’s economic development through remittances, President William Ruto has said.
Addressing representatives of Kenyans from 27 countries across the world at State House, Nairobi, on Monday, Ruto said the remittances Kenyans abroad send home are the largest resources that come to the country.
Saying diaspora remittances are more that the earnings from tea, tourism and coffee, Ruto pointed out that these resources play a critical role in supporting families, are invested in our economy and also help raise the country’s foreign reserves.
In 2024, Ruto disclosed, remittances reached a record high of $4.95 billion (Sh638 billion) up from $4 billion (Sh516 billion) in 2022.
Likewise, he noted that the Labour Mobility Programme has facilitated the employment of nearly 400,000 Kenyans abroad in the past two years.
“We know who these people are, where they are, what jobs they do and how much they earn,” he pointed out.
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