Ethiopian Diaspora Agency said that Ethiopians in the diaspora have sent home $1.64 billion remittance in five months of this year using legal money transfer. Over the past three years Ethiopians in the diaspora have sent home a total of $9 billion using the legal banking system, according to the Agency’s statement. The Agency stated that this year the country expects a total of $4 billion remittances from its diaspora, according to the state news outlet, Ethiopian News Agency report, which didn’t mention the exact months the remittance is transferred. It is stated that the contributions of Ethiopians in the diaspora in supporting their motherland has been improving over the past few years. The Government of Ethiopia accuses the TPLF for using the hard currencies from black-market for buying weapons from abroad and smuggling into the country.

Source: Ethiopian News December 31, 2021 13:36 UTC