Diaspora remittance is lifeblood of the Meles regime

Prof. Seid Hassan has informed us a couple of years ago that without the hundreds of millions of dollars in foreign currency that Ethiopians in the Diaspora send to Ethiopia (remittance), the Meles dictatorship would have faced a grave financial crisis. In a recent book, Dr Aklog Birarra has pointed out that Ethiopians in the Diaspora remit over $1.2 billion through official channels alone such as Western Union. An equal amount of money is sent to Ethiopia through non-official channels such as hawala.

In considering anti-remittance campaign and other actions against Meles, it helps to revisit Dr Seid’s insightful article about investment in Ethiopia. [Click here to read]

FORUM | AMHARIC