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Originally published by The Standard BusinessJune 23, 2026
4h ago
More families feel the pinch as diaspora inflows shrink

Declining diaspora remittances, driven by global conflict, inflation and job losses abroad, are squeezing Kenyan households already burdened by rising local living costs...
✨ Key Highlights
Kenyan households are facing increased financial strain as diaspora remittances declined for the second consecutive month in May. This reduction in funds sent home from abroad is exacerbating existing economic pressures.
- Hundreds of thousands of Kenyan families rely on these remittances.
- The dip is attributed to job losses in the Gulf region and rising living costs for migrants in countries including the United States, impacted by the ongoing Middle East conflict.
- The article highlights a deepening financial crisis for these households.
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