• Council of Ministers Financial Regulations No.17/1997; • Federal Government of Ethiopia Proclamation establishing the Office of the Federal Auditor-General No. 68/1997; • Proclamation on the establishment of Ethics and Anti-corruption Commission (235/2001); • Federal Government of Ethiopia Proclamation Determining Procedures of Public Procurement and Establishing its Supervisory Proclamation No. 430/2005; and, • Federal Public Procurement Directive, MOFED, (July 2005). 275 According to the CSAR, the country has performed well in implementing the above. The report notes that implementation challenges, where they exist, are mainly due to human resource capacity constraints and a lack of information on the standards and codes. II. Findings of the CRM 276 The CRM confirms that Ethiopia has signed and ratified several international standards and codes. However, the CRM is concerned that the team received no detailed or further information on the following: • Status of implementation of ratified treaties to validate performance of these standards and codes, as stated in the CSAR; • Mechanisms for monitoring the implementation of the ratified standards and codes; • The whereabouts of the central depository of ratified and domesticated standards and codes; and, • The degree of public awareness about ratified standards and codes. 277 Apart from implementation of financial standards and codes, there has been little to show in terms of implementing other standards on economic management and governance. At the time of the CRM visit, there seemed to be little that GoE was doing to close this gap, apart from enrolling international financial institutions for technical assistance. - 123 -

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