Ethiopian Diaspora remits $1.4 bln in the last five months


Over the past five months, Ethiopia has received 1.4 billion USD from remittance, Ethiopian Diaspora Agency revealed.
According to the Agency, some 35 Diasporas have also taken investment licenses in the first half Ethiopian fiscal year.
Director General of the Agency, Selamawit Dawit said that in the last five months Ethiopians working abroad have sent 1.4 billion USD through legal means.
“We have done a lot of works in terms of promoting legal means and mobilizing legal means for the Diaspora to use it and to have the best possible performance on remittances, despite we are living in the time COVID-19 pandemic. Ethiopian Diasporas have sent 1.4 billion USD over the past five months so far,” she said.