Assembly of the African Union, 8th Ordinary Session, African Charter on Democracy, Elections and Governance, Addis Ababa, Ethiopia, 30 January 2007
Commitments in: Governance - Economic governance and public finance management
“State Parties shall institutionalize good economic and corporate governance through, inter alia:
1. Effective and efficient public sector management;
2. Promoting transparency in public finance management;
3. Preventing and combating corruption and related offences;
4. Efficient management of public debt;
5. Prudent and sustainable utilization of public resources;
6. Equitable allocation of the nation’s wealth and natural resources;
7. Poverty alleviation;
8. Enabling legislative and regulatory framework for private sector development;
9. Providing a conducive environment for foreign capital inflows;
10. Developing tax policies that encourage investment;
11. Preventing and combating crime;
12. Elaborating and implementing economic development strategies including private-public sector partnerships;
13. An efficient and effective tax system premised upon transparency and accountability.”
Commitments in: Environment - Environmental degradation and natural resource management
“State Parties shall implement policies and strategies to protect the environment to achieve sustainable development for the benefit of the present and future generations. In this regard, State Parties are encouraged to accede to the relevant treaties and other international legal instruments.”
