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The ministry was established under Proclamation No.916/2008 on 7 July 2008 with reorganization from the former Ministry of Capacity Building. [1] Its envisaged to observe public service and complete its mission ethically by 2020, as well as contributing economic development and social welfare by promoting modern Tax and Customs Administration.
The Ministry of Finance and Economic Development is an Ethiopian government department. It is responsible for general financial management and economic policy of Ethiopia, in addition to the allocation of economic assistance. Formerly the Ministry of Finance, it has its origins in the ministerial system introduced by Emperor Menelik II in 1907.
In 1976, agricultural and rural land taxes were replaced by a land-use fee and a new agriculture tax. [1] Ethiopia underwent major tax reform in the 1990s. As a result, the tax system was overhauled alongside much of the public finance system. [2] The Ethiopian reforms were considered some of the most successful on the continent.
Ethiopia’s public sector consists of government institutions and organisations that manage public resources, implement policies and provide public services to those who need them. The system is organised based on the country’s federal system which includes federal, regional and local levels of government. [42] Federal government
The Addis Ababa City Administration (Amharic: የአዲስ አበባ ከተማ አስተዳደር) is a government executive organ of Addis Ababa, the capital of Ethiopia. It is governed by mayor, and the lowest administrative unit is the woreda, led by a woreda administrator.
Ministry of Finance and Economic Development may refer to: Ministry of Finance and Economic Development (Ethiopia) Ministry of Finance and Economic Development (Kiribati) Ministry of Finance and Economic Development (Mauritius) Sierra Leone Ministry of Finance and Economic Development
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Public Finance in Theory and Practice, McGraw-Hill. Richard A. Musgrave and Alan T. Peacock, ed. ([1958] 1994). Classics in the Theory of Public Finance, Palgrave Macmillan. Description and contents. Edwin J. Perkins, American public finance and financial services, 1700-1815 (1994) pp 324–48. Complete text line free; Joseph E. Stiglitz (2000).