Ruto Announces New Plan to Cut Cost of Sending Money Home for Kenyans in Diaspora

Analysis: President William Ruto has announced new government measures to significantly reduce the cost of sending money home for Kenyans in the diaspora. Speaking in Qatar, Ruto directed the Central Bank of Kenya (CBK) to collaborate with the International Association of Money Transfer Networks (IAMTN) to create a more affordable and efficient remittance framework.

President Ruto hosts diaspora engagement with Kenyans living in Qatar

Ruto Oversees Landmark Kenya–Qatar Financial Cooperation Agreement

Analysis: Kenya and Qatar have signed a landmark financial cooperation agreement, with President William Ruto overseeing the deal between the Nairobi International Financial Centre Authority (NIFCA) and the Qatar Financial Centre (QFC). This aims to bolster financial integration and attract investments between the two regions.