Ethiopian Diaspora Remits Over 3 Billion USD in 11 Months

Ethiopian Diaspora Remits Over 3 Billion USD in 11 Months
© Provided by Ethiopian News Agency (ENA)
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Addis Ababa July 14/2021 (ENA) The Ethiopian Diaspora have sent 3. 3 billion USD remittance during the 11 months of the concluded budget year and invested 37.8 billon Birr during same period, according to the Ethiopian Diaspora Agency.
Ethiopian Diaspora Agency Director-General, Selamawit Dawit told ENA that the diaspora transferred the highest amount of remittance than in the last two years despite the COVID-19 pandemic.
According to her, 3. 3 billion USD remittance was sent by the diaspora during the last 11 months of the concluded Ethiopian budget year.
Some 6,406 members of the diaspora have also opened hard currency accounts at banks in Ethiopia depositing over 7 million USD, she added.

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