AHG/235 (XXXVIII) Annex I Page 7 active participation of and endorsement by African countries. Thus, the codes and standards are genuinely global as they were agreed by experts from a vast spectrum of economies with different structural characteristics. They are the following: a. Code of Good Practices on Transparency in Monetary and Financial Policies; b. Code of Good Practices on Fiscal Transparency; c. Best Practices for Budget Transparency; d. Guidelines for Public Debt Management; e. Principles of Corporate Governance; f. International Accounting Standards; g. International Standards on Auditing; and the h. Core Principles for Effective Banking Supervision. 19. We have also approved other key codes and standards in transparency and financial Management. These include a. Principles for Payment Systems; b. Recommendations on Anti-money laundering and; c. Core principles for securities and insurance supervision and regulation Socio-Economic Development 20. We believe that poverty can only be effectively tackled through the promotion of:

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