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Originally published by The Standard Business
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December 23, 2025
5h ago

Lean holidays for families as remittance falls

Lean holidays for families as remittance falls

Analysts are linking the drop to a crackdown on migrants under US President Donald Trump...

✨ Key Highlights

Many Kenyan families face a lean holiday season and a challenging start to the New Year as remittances from relatives abroad have significantly declined. This drop is attributed to a crackdown on migrants and new policies in the United States, a major source of these funds.

  • Remittance inflows in November 2025 fell to $388.3 million, an 8.3 percent decrease from $423.2 million in November 2024.
  • The Central Bank of Kenya (CBK) reported this decline, noting the impact on households and the nation's foreign exchange stability.
  • The decline coincides with the enactment of the “One Big Beautiful Bill Act” in the US, which includes a one percent tax on cash-based remittances.

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