
Sheraton Addis (251)(11) 5171717
202-558-8337
EthioGreenPresident Obama Explains Healthcare.gov
- ለደመወዝ ጭማሪ ጥያቄው ምላሽ ያጣው የመምህራን ማኅበር አስቸኳይ ጉባዔ ሊጠራ ነው February 4, 2012
- ብሔራዊ ባንክ አቶ ኤርሚያስ አመልጋ በማንኛውም ባንክ ውስጥ እንዳይሠሩ አገደ February 4, 2012
- ባንኮች የሊዝ አዋጁ በብድር ላይ የሚያስከትለውን ተፅዕኖ እያስጠኑ ነው February 4, 2012
- ደርባ ሚድሮክ ሲሚንቶ ፋብሪካ ዛሬ ይመረቃል February 4, 2012
- ፈንጂ አምካኝ በአስቸኳይ!! ሙስና በኢትዮጵያ አገር አጥፊ የተቀበረ ፈንጂ ሆኗል February 4, 2012
- በኦፕቲካል ፋይበር ብልሽት የቦሌ ጉምሩክ 50 ሚሊዮን ብር ያህል ገቢ አጣ February 4, 2012
- ‹‹ለኢትዮጵያ መንግሥት ከህንድና ከቻይና መበደር የሚቀልበት ምክንያት ብድሮቹ ሲሰጡ የማይነሱ ጥያቄዎች ስላሉ ነው›› February 4, 2012
- ውዝግብ ያስቆማል የተባለው የንግድ ምክር ቤቱ ውሳኔ ተቃውሞ ገጠመው February 4, 2012
- የተመድ ኤክስፐርቶች በፀረ ሽብር ሕጉ መንግሥትን ኮነኑ February 4, 2012
- የላንቻ ፖሊስ ጣቢያ አዛዥ ተፈረደባቸው February 4, 2012
Ethiopian Television ETV Satellite Frequency
- Title
- Aend Ethiopia Part II - Gonder Zone 1
- Runtime
- 9:51
- Description
- Virtual Ethiopian Tour by Aend-Ethiopia Reporter -...
- Title
- Aend Ethiopia Video VIII Video Addis Ababa ኣዲስ
- Runtime
- 10:01
- Description
Ethiopia receives $780mn remittances from the Diaspora
APA-Addis Ababa (Ethiopia) Ethiopia has obtained around $780 million from remittances from Ethiopians in the Diaspora in the past ten months, the Ethiopian National Bank said here on Tuesday.
According to the bank, this year’s earnings from remittances exceed that of last year by about nine per cent.
An estimated one million Ethiopians are estimated to live outside their country, mostly in the United States and Europe.
The bank said that the amount of remittances Ethiopia is getting each year is on the rise, especially since the past three years.
“We have enforced a new legislation allowing the Diaspora to have saving accounts in US Dollars, which is encouraging many citizens to do so,” said the bank.
However, according to available information, Ethiopia is getting lower remittances than other neighbouring countries, such as Kenya and Egypt.
In 2007, Kenyans in the Diaspora had sent home nearly 1.6 billion dollars, achieving a per capita remittance of 42 dollars.
Ethiopians on the other hand sent home only 359 million dollars, with a per capita remittance of only four dollars, according to a United Nations report for 2009.
However, 1.2 billion to 1.5 billion dollars was remitted to Ethiopia through the non-banking system.
Ethiopia is expecting the remittances to rise to around one billion in the next few years.
Leave a Reply
- Armed Group Attack Ethiopian Troops February 5, 2012
- Malaria Mortality 'Underestimated' February 3, 2012
- Experts Pledge to Eradicate 'Neglected' Diseases February 3, 2012
- Govt Urges Ethiopia to Sign Employment Deal February 3, 2012
- Concerns About Gibe 3 Dam February 3, 2012
- Future of Last Remaining Human Rights Monitoring NGO in the Balance February 3, 2012
- Ethiopia's Anti-Terrorism Laws Must Not Be Misused to Curb Rights - UN February 2, 2012
- Issa in Ethiopia to Discuss Trade, Industry Cooperation February 2, 2012
- The Ongoing AU Summit in Addis Ababa February 2, 2012
- The AU Summit in Addis Ababa February 2, 2012
- Meeting of the minds January 29, 2012
- Controversial Karuturi to Go Public, Here January 29, 2012
- Sleek New International Hotel Makes Efficient Use of Smaller Plot January 29, 2012
- Ethiopia Hopes to Launch Construction of Three New Dams January 29, 2012
- PTA Bank Nods Access Resorts Loan January 29, 2012
- Banks, Divorcees Exempt from Inclusion in the Lease Regime January 29, 2012
- News In Brief January 29, 2012
- Taxman Collects 24b Br More than Last Half Year January 29, 2012
- Nib Bank Sides with Temenos for CORE Banking January 29, 2012
- Coffee Exports Roasted in Turmoil Halve January 29, 2012
Here is the Music Player. You need to installl flash player to show this cool thing!
- Ethiopian Marathon Runners set new records in Hong Kong - EthioSports February 5, 2012
- Quick Bites: Nile brings 'culture of Ethiopia' to Rochester - Post-Bulletin February 5, 2012
- Swedes meet Ethiopian PM over jailed journalists - The Local.se February 5, 2012
- Armed Group Attack Ethiopian Troops - AllAfrica.com February 5, 2012
- 71 Ethiopian olim arrive in Israel - Ynetnews February 5, 2012
- Ethiopia's Danakil Depression: The most horrible, fascinating place on Earth - Herald Zeitung February 5, 2012
- Oromia-Ethiopia: Is Meles Zenawi courageous enough to find the 'black box' of ... - Gadaa.com Oduu - News February 4, 2012
- Reporters' Trial in Ethiopia - New York Times February 3, 2012
- UN Rights Advocates Criticise Ethiopia's Use of Anti-Terror Law - BusinessWeek February 3, 2012
- US Jewish leaders accompany Ethiopian emigres to Israel - Jewish Telegraphic Agency February 2, 2012
- Out and About January 29, 2012
- Editorial-Global Slowdown Brings Mounting Tail Risk to Domestic Economy; High Time! January 29, 2012
- View From Arada -MENELLIK HOSPITAL Traditional Relic January 29, 2012
- Opinion-Priorities Even Needed? January 29, 2012
- Agenda-Land Lease Law Lands Hard in Landholders’ Laps January 29, 2012
- Commentary-Not Right Time to Privatise Ethiopia’s Prized Enterprises January 29, 2012
- The Fine Line January 29, 2012
- ViewPoint-Save Capitalism from Itself January 29, 2012
- Entertainment News January 29, 2012
Here is the Music Player. You need to installl flash player to show this cool thing!
Contact Us | Terms of Use | Trademarks | Privacy Statement
Copyright © 2009 Aend-Ethiopia. All Rights Reserved.

