Deputy President Kithure Kindiki announced that diaspora remittances have overtaken traditional sectors as Kenya’s top foreign exchange earner, currently exceeding Sh500 billion. He stated the government’s goal is to increase this figure to one trillion shillings, emphasizing the diaspora’s vital role in national development. Kenyan professionals in Namibia raised concerns that the DP promised to address swiftly during their meeting.
In recent statements, Deputy President Kithure Kindiki announced that diaspora remittances have now emerged as Kenya’s leading source of foreign exchange, surpassing Sh500 billion. During a meeting with Kenyan representatives in Namibia, he highlighted the significant impact these remittances have on vital sectors such as tea and tourism, which historically dominated the foreign exchange landscape for approximately four decades. Kindiki expressed gratitude for the contributions of the diaspora community to the nation’s growth.
The Deputy President outlined the current governmental objective to expand diaspora remittances to one trillion shillings, emphasizing the pivotal role of the diaspora in Kenya’s development. “We place diaspora in a very special place,” he remarked, acknowledging their contributions as integral to the nation’s prosperity.
During the meeting, Kenyan professionals in Namibia voiced various concerns regarding immigration, travel logistics, and trade. Kindiki assured them of the Kenya Kwanza administration’s commitment to addressing these issues promptly. He stated, “I want to assure you will resolve them in the shortest possible time,” indicating the government’s eagerness to implement reforms that will benefit the diaspora community.
The Deputy President met with the Kenyan representatives following the funeral service of Namibia’s founding President, Sam Nujoma, where he represented President William Ruto. This meeting served as a platform to strengthen ties between the Kenyan government and its citizens abroad while discussing essential reforms.
In conclusion, Deputy President Kithure Kindiki’s affirmations regarding diaspora remittances highlight a significant shift in Kenya’s foreign exchange landscape. As the government aims to increase remittances to one trillion shillings, the contributions of the diaspora to the national economy are more recognized than ever. The administration’s commitment to addressing the concerns raised by Kenya’s expatriates further reinforces the importance of maintaining a strong connection between the government and its citizens abroad.
Original Source: www.the-star.co.ke
