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).
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 Source: US Foreign Assistance..
“I remember Blue Peter programme raising money for Africa
40 years ago and still the same problems remain”
Eritrea’s policy of self-reliance good example to African
Eritreans will always choose to walk the path leading to self-reliance and independence no matter how stony the way ahead might be. This is why Eritrea has told the United Nations that it wants out of its long-term development agreement because the U.N. makes the problem worse, not better.
The reason, given in a January 26 notification letter from the country’s powerful Finance Minister, obtained by Fox News, is that “aid only postpones the basic solutions to crucial development problems by tentatively ameliorating their manifestations without tackling their root causes. The structural, political, economic, etc. damage that it inflicts upon recipient countries is also enormous.” In other words, the government argues, U.N. aid does more harm than good.
Extract from the letter of the Ministry states, “….However, national development will never be materialized if it is done by depending on grant financing from UN agencies or other (bilateral) sources. It is widely believed that aid only postpones the basic solutions to crucial development problems by tentatively ameliorating their manifestations without tackling their root causes. The structural, political, economic etc. damage that it inflicts upon recipient countries is also enormous….” (Eritrean Ministry of Finance)