NEPAD/HSGIC-03-2003/APRM/Guideline/OSCI 9 March 2003 3.1 The NEPAD Framework Document and the Declaration define good economic governance and management as an essential prerequisite for promoting economic growth and reducing poverty. A. Key Economic Governance and Management Objectives a. Promote macroeconomic policies that support sustainable development b. Implement transparent, predictable and credible government economic policies c. Promote sound public finance management d. Fight corruption and money laundering e. Accelerate regional integration by participating in the harmonization of monetary, trade and investment policies amongst the participating states B. Standards, Indicative Criteria and Examples of Indicators 3.2 Objective 1: Promote macroeconomic policies that support sustainable development 3.2.1 Standards a. NEPAD Framework Document (2001) b. Abuja Treaty establishing the African Economic Union (1991) c. Constitutive Act of the African Union (2000) d. National Accounting Standards 3.2.2 Indicative Criteria a. What has the government done to make the country’s macroeconomic policy framework sound and stimulating sustainable development? Page 16 of 31

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