Remittance to Kenya increases and drops in Uganda

Remittance to Kenya increased by 10 percent to $3,095 million in 2020 from $2,796 million in 2019 while in Uganda they dropped to $1.1 billion in 2020 from $1.4 billion in 2019. According to the Central Bank of Kenya (CBK), the increase accounted for three percent of the country‚Äôs Gross Domestic Product (GDP). The remittance … Continue reading Remittance to Kenya increases and drops in Uganda