Ethiopia gets $1m South Korea humanitarian assistance

(EBC; August 11, 2017)- South Korea announced additional $1million to support humanitarian assistance in Ethiopia, its embassy in Addis Ababa said on Thursday.

Of the total assistance, $400,000 will go to the Humanitarian Action for Children 2017 of UNICEF and 500,000 USD to the Ethiopian Humanitarian Fund (EHF) of OCHA.

The funding also contributes 100,000 USD to IOM to assist Ethiopian returnees from Saudi Arabia, the release that the embassy said.

While Ethiopia continues to recover from the 2016 El Niño induced drought, poor performance of rains this year, reduction in animal feed, poor harvest and dwindling water resources exacerbated drought conditions.

Due to this, the number of people who need humanitarian assistance in the second half of 2017 has increased to 8.5 million from 5.6 million in January.

According to the Mid-Year Review of the 2017 HRD launched on August 7, the net requirement to address food and non-food needs for the remainder of the year is $487.7 million.

South korean contribution is additional to the $1million assistance provided last year for drought response in Ethiopia.

Korea had also launched a soft loan program called Economic Development Cooperation Fund (EDCF) amounting to $500 million for the period of 2016 to 2018, during the visit of President Park Geun-hye to Ethiopia in May 2016.

Source: APA