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Remittances To Eritrea Shrink As Refugees Spend Money On Helping Others Leave

Eritrean children at an Ethiopian refugee camp. Photo: BBC/thisisafrica.me
Eritrean children at an Ethiopian refugee camp. Photo: BBC/thisisafrica.me
By Dana Sanchez

Remittances to Eritrea, once estimated to account for about a third of the country’s gross domestic product, are shrinking with Eritreans in the diaspora now spending the money on helping people leave Eritrea instead of supporting relatives at home, an official told BBC.

Five thousand Eritreans leave the country each month, making it one of the world’s top producers of refugees, according to a U.N. commission report.

Read more at afkinsider

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