DEHAI MAILING LIST ARCHIVE: [DEHAI] Madote.com: Eritrea is the only African Nation to cut off US AID

[DEHAI] Madote.com: Eritrea is the only African Nation to cut off US AID

New Message	Reply	About this list	Date view	Thread view	Subject view	Author view

From: Berhane Habtemariam (Berhane.Habtemariam@gmx.de)
Date: Thu Mar 17 2011 - 08:39:38 EST

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

Posted by Admin on 11:45 AM .
<http://www.madote.com/2011/01/eritrea-is-only-african-nation-to-cut.html#co
mments> 16 comments

17/03/2011

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"
( <http://www.abc.net.au/foreign/content/2009/s2520029.htm> ABC).

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
<http://www.madote.com/2010/10/top-10-nations-of-foreign-aid.html> here.

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