macroeconomic environment. The APRM questionnaire on Economic Governance and Management lists about sixteen standards and codes on the basis of which a country should be evaluated. I. Summary of the CSAR 271 In recognition of the importance of complying with international standards and codes, as stated above, Ethiopia has adopted several standards and codes at the international and regional level, and internally, especially in the fiscal and financial sector. 272 Below are standards/codes which Ethiopia has ratified and, in some cases, domesticated or streamlined into national legislation: • Abuja Treaty Establishing the African Economic Community; • Treaty Establishing the Common Market for Eastern and Southern Africa/COMESA; • Constitutive Act of the African Union (2000); • The NEPAD Framework Document Memorandum of Understanding On the APRM (2001); • African Union Conventions on Preventing and Combating Corruption; • Inter-Governmental Authority on Development (IGAD); and, • The Pan-African Parliament. 273 In addition to the above, at the country level, Ethiopia has adopted several proclamations for effective public financial management that include codes of good practice on fiscal transparency, auditing and accounting standards. 274 The main laws, proclamations and regulations for public financial management include: • Constitution of the Federal Democratic Republic of Ethiopia (1994); • Proclamation on the definition of powers and duties of the executive organs (04/1995); • Federal Government of Ethiopia Financial Administration Proclamation No. 57/1996; - 122 -

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