[dehai-news] Eritrea is and will be Self reliance Eritrea is the only African Nation to cut off US AID


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From: samuel Igbu (ypfdjbc@gmail.com)
Date: Mon Mar 07 2011 - 06:00:13 EST


 Eritrea is the only African Nation to cut off US
AID<http://www.madote.com/2011/01/eritrea-is-only-african-nation-to-cut.html>

Posted by Admin on 11:45 AM · 9
comments<http://www.madote.com/2011/01/eritrea-is-only-african-nation-to-cut.html#comments>
Madote News
Source: US Foreign
Assistance<http://www.foreignassistance.gov/CountryIntro.aspx>

According to the U.S. Department of State, Office of Foreign
Assistance, Eritrea is the only African nation that has not requested US aid
for the fiscal year of 2011.

In keeping with its self-relaince policy, the government of Eritrea
stopped requesting any financial assistance from the United States since
2005, and fully cut-off all third party NGOs that
were financially sponsored by the United States after 2006. The Eritrean
government believes that foreign assistance breeds a culture of dependency
that shackles African countries into a cycle of poverty.

Moreover, a growing number of economic experts are now taking the same
position as Eritrea's government by suggesting aid to Africa is doing more
harm than good. Economist such as Dambisa Moyo argues aid to Africa is
making African countries poorer. Moyo, who has a Doctorate in Economics from
Oxford University, and a Masters from Harvard’s Kennedy School of
Government, believes foreign aid is "easy money that fosters corruption and
distorts economies, creating a culture of dependency and economic laziness"
(ABC <http://www.abc.net.au/foreign/content/2009/s2520029.htm>).

The following chart below shows the top 10 highest aid recipients from the
United states. Please keep in mind, these figures are only from the United
States, and do not include other European and Eastern nations that
contribute substantially to their yearly fiscal budgets. To read the top 10
most aid recipients of foreign aid that includes all donors, visit
here<http://www.madote.com/2010/10/top-10-nations-of-foreign-aid.html>
.

 Rank Nations US Assistance
1<http://www.foreignassistance.gov/CountryIntro.aspx>
Egypt 1,558,000,000 2 <http://www.foreignassistance.gov/CountryIntro.aspx>
Kenya 713,951,000 3 <http://www.foreignassistance.gov/CountryIntro.aspx>
Nigeria 647,748,000 4
<http://www.foreignassistance.gov/CountryIntro.aspx> South
Africa 586,350,000 5 <http://www.foreignassistance.gov/CountryIntro.aspx>
Ethiopia 583,519,000 6 <http://www.foreignassistance.gov/CountryIntro.aspx>
Tanzania 549,622,000 7 <http://www.foreignassistance.gov/CountryIntro.aspx>
Uganda 480,302,000 8 <http://www.foreignassistance.gov/CountryIntro.aspx>
Sudan 439,979,000 9 <http://www.foreignassistance.gov/CountryIntro.aspx>
Mozambique 415,071,000 10<http://www.foreignassistance.gov/CountryIntro.aspx>
Zambia 408,760,000

-- 
Sincerely
*YPFDJ British Columbia Chapter*
 YPFDJ Goal and Purpose

- Our goal is to build a strong, conscious and patriotic youth movement.

Our purpose is:

- To raise the awareness and level of organisation of Eritrean youth to serve our nation - To reassert the identity, patriotism and unity of Eritrean youth - To promote the participation of Eritrean Youth in the national reconstruction of Eritrea as well as guarding the sovereignty of Eritrea - To enhance the position and influence of Eritrean Youth in their respective countries of residence.

----[This List to be used for Eritrea Related News Only]----


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