Expanding Remittance Flows in Ethiopia: Challenges and Prospects
1. Expanding Remittance Flows in Ethiopia: Challenges and Prospects By Wolday Amha (Ph.D) Director of the Association of Ethiopian Microfinance Institutions (AEMFI) Presented at the Tunis Remittance Workshop October 22-23, 2009 Tunis
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13. Remittance flow through banks in Ethiopia Nigeria, Kenya, Sudan, Senegal and Uganda are among the top five countries in Sub-Saharan Africa with remittance flow of 3.3 billion USD, 1.3 billion USD, 1.2 billion USD, 874 million USD and 856 million USD (WB 2008) Source: National Bank of Ethiopia Year 1997/98 1998/99 1999/00 2000/01 2001/2 2002/3 2003/4 2004/5 2005/6 2006/7 2007/08 2008/09 Amount 104.3 71.3 105.9 104.1 93.4 140.6 211.1 350.8 354.9 632.6 800.3 723.2