How with economy on its knees and looming threat of terrorism, diaspora remittances keep Somali families afloat
An estimated 40 per cent of Somali households receive remittances, with the funds typically used to cover day-to-day expenses, school fees and emergencies. In 2023 alone, Somalis abroad sent home $1.7 billion – more than the Somali government’s budget for that year, and the $1.1 billion funding received by international aid agencies.
