Regulatory Alerts2008-06-18
Decree No. 2008-582 of June 18, 2008 Approving the Annual Accounts for the Fiscal Year 2007 of the Central Bank of Madagascar
Issued by the President of Madagascar on June 18, 2008, this Decree formally approves the fiscal year 2007 annual accounts of the Central Bank of Madagascar, as detailed in the attached statements. It mandates the publication of these accounts in the Official Journal and assigns execution responsibilities to the Minister of Finance and Budget alongside the Central Bank Governor. The legal basis for this approval rests on the Constitution, the Central Bank's Statutes (as amended), and recent governmental appointment decrees.
DECREE No. 2008-582 of June 18, 2008 approving the annual accounts for the fiscal year 2007 of the Central Bank of Madagascar
THE PRESIDENT OF THE REPUBLIC, Having regard to the Constitution, Having regard to Law No. 94-004 of June 10, 1994 establishing the Statutes of the Central Bank, as amended by Law No. 2003-04 of July 7, 2003 and Law No. 2005-036 of February 20, 2006, Having regard to Decree No. 2007-022 of January 20, 2007 appointing the Prime Minister, Head of Government, Having regard to Decree No. 2008-427 of April 30, 2008 appointing the members of the Government, On the proposal of the Minister of Finance and Budget, In Council of Ministers,
HAS DECREED:
Article 1 – The annual accounts for the fiscal year 2007 of the Central Bank, with the attached statements appended to this Decree, are hereby approved. Their publication in the Official Journal is ordered. Article 2 – The Minister of Finance and Budget, and the Governor of the Central Bank are each responsible, within their respective areas of competence, for the execution of this Decree, which shall be published in the Official Journal of the Republic.
Done at Antananarivo, on June 18, 2008 By the President of the Republic: Marc RAVALOMANANA
The Prime Minister, Head of Government Charles RABEMANANJARA
The Minister of Finance and Budget Haja Nirina RAZAFINJATOVO