OF THE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA
3rd Year No. 14 ADDIS ABABA - 19 Dec. 1996
CONTENTS
Proclamation No. 57/1996
Federal Government of Ethiopia Financial Administration Proclamation
Page 298
PROCLAMATION No. 57/1996
FINANCIAL ADMINISTRATION PROCLAMATION OF THE FEDERAL
GOVERNMENT OF ETHIOPIA WHEREAS , a modern and efficient financial adminis tration system is essential to a well - functioning government ;
WHEREAS , it has become necessary to set out the basic concepts , principles and elements which govern the management of financial resources in the Federal Govern ment of Ethiopia ;
NOW , THEREFORE , in accordance with Article 55 ( 1 ) of the Constitution of the Federal Democratic Republic of Ethiopia , it is hereby proclaimed as follows .
PART ONE
General 1. Short Title
This Proclamation may be cited as the “ Federal Govern ment of Ethiopia Financial Administration Proclamation
No. 57/1996 . ” 2. Definitions
In this Proclamation : 1 ) “ Aid in kind ” means any assistance received by the
Federal Government under a bilateral or multilateral agreement , or from other sources , that is received in the form of goods or services or any other form other
than money ,
2 ) “ Appropriation ” means any authorization of the
council of Peoples ' Representatives to pay money out of the Consolidated Fund ,
Unit Price
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