CHAPTER 3 3.2 Implementation of standards and codes i. Self-assessment 18. Ghana has made significant strides in implementing best practices in a number of areas of economic management, particularly institutional and structural aspects of the macroeconomy. The aim has been to improve fiscal transparency, budgetary processes and corporate governance. The country has also adopted various internationally accepted standards and codes, or plans to do so in the near future. As a consequence, laws have been passed and various practices reformed or adopted as necessary. Table 3.1 lists the status of implementation of various standards and codes. ii. Findings of the CRM 19. The authorities reiterated the views already expressed in the CSAR. They stressed that Ghana had made great strides in implementing best practices in a number of areas of economic management. These are related especially to institutional and structural aspects of the macro economy. The country has already adopted several internationally accepted standards and codes, or plans to do so in the near future. 52