The government is planning to roll out a number of incentives targeting Kenyans in the diaspora in a bid to boost remittances.
The US controls 55.86 per cent of the total remittances and Saudi Arabia, which last year overtook the UK, is the second largest source of remittances into Kenya.
The government is planning to roll out a number of incentives targeting Kenyans in the diaspora in a bid to boost remittances to at least Sh1 trillion a year, and boost the country’s foreign exchange reserves.
Consequently, the State Department for Diaspora Affairs (SDDA) is looking for a consultant to conduct a baseline survey, which will steer development of a framework and tactical plan for enhancing remittances.
