By David Steinman | Forbes, In what could be an important test of the Trump Administration’s attitude toward foreign aid, the new United Nations Secretary-General, António Guterres, and UN aid chief Stephen O’Brien have called on the international community to give the Ethiopian government another $948 million to assist a reported 5.6 million people facing […]
Continue ReadingDear Readers: This piece on Foreign Aid and its negative consequences and western hypocrisy was written some time ago more as a reaction to Canada’s unwarranted and malicious attack against Eritrea on the basis of unfounded allegation involving terrorism and other human rights issues. Canada’s main squabble with Eritrea has nothing to do with terrorism […]
Continue ReadingBy TesfaNews, WILLIAM EASTERLY is a renowned economist and best-selling author of the book ” The Tyranny of Experts: Economists, Dictators and the Forgotten rights of the poor“. In his latest interview with PBS talk show presenter Tavis Smiley, he makes his case for a radical rethinking of approaches to global development. He brought the case of […]
Continue ReadingEthiopia is among the most foreign aid dependent country. Topping the worldwide list of countries receiving aid from the US, UK, and the World Bank, the nation has been receiving $3.5 billion on average from international donors in recent years, which represents 50 to 60 percent of its national budget. – Oakland Institute By Africa Confidential, […]
Continue Reading“While the Eritrean government welcomes properly focused aid programs, it is inclined to discourage the proliferation of fragmented aid programs that do a better job of meeting the needs of donor, rather than recipient, nations.” – President Afwerki. By President Isaias Afwerki, Early in 1992, only a few months after Eritrea’s long war of liberation […]
Continue Reading