Gachagua Warns Kenyans Over CBK's Diaspora Remittance Survey

CBK announced a nationwide survey last week...
✨ Key Highlights
Deputy President Rigathi Gachagua, while touring the United States, has urged Kenyans in the diaspora to reject the Central Bank of Kenya's (CBK) proposed household survey on remittance inflows. He warned that this survey, which he deems "ill-intended" and "intrusive," could lead to additional taxes on remittances.
- Gachagua criticized President William Ruto for allegedly directing the CBK to conduct the survey.
- The CBK launched the Remittances Household Survey (RHS) to gather detailed information on international remittances received by Kenyan households.
- In 2024, Kenya recorded remittances worth Ksh666.7 billion, representing 4 per cent of the country’s GDP.
- Gachagua promised that a future government led by his party would introduce a diaspora infrastructure bond to enable Kenyans abroad to invest their remittances.
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