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By Gedab Investigative Report -
Nov 05, 2003
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The only business competition and rivalry is not between the public and private sector but between and among the different sectors of the public sector: the Red Sea Trading Corporation, the Commanders and NUEYS. On a per capita basis, Eritreas indebtedness is now one of the highest in the world. Eritreans who take pride in self-reliance now owe over half a billion US dollars. In plain English, every Eritreanman, woman, childincluding the conscripts in the trenches now owe $600 each. At 19.8% of GDP, Eritrea has the third highest military expenditure per capita in the world. (The first and second being North Korea and Angola.) Out of 129 countries, Eritrea ranks 122 (near the absolute bottom) for its expenditure on education, which is a shocking 1.4% of GDP. |
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