Decree No. 2005-832 of November 28, 2005 Approving the Annual Accounts for the 2004 Fiscal Year and Strengthening the Central Bank's Equity

DECREE No. 2005-832 of November 28, 2005
Approving the Annual Accounts for the 2004 Fiscal Year and Strengthening the Central Bank's Equity

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, Having regard to Decree No. 2003-007 of January 12, 2003, appointing the Prime Minister, Head of Government; Having regard to Decree No. 2003-008 of January 16, 2003, as amended by Decrees No. 2004-001 of January 5, 2004, No. 2004-680 of July 5, 2004, No. 2004-1076 of December 7, 2004, No. 2005-144 of March 17, 2005, No. 2005-700 of October 19, 2005, and No. 2005-827 of November 28, 2005, appointing members of the Government,

On the proposal of the Minister of Economy, Finance and Budget,

IN THE COUNCIL OF MINISTERS,

DECREE

Article 1 – The annual accounts for the 2004 fiscal year of the Central Bank, with the statements annexed to this Decree, are approved. Their publication in the Official Journal is ordered.

Article 2 – The capital of the Central Bank is increased from 200 million Ariary to 12 billion Ariary by incorporation of reserves.

Article 3 – The Minister of Economy, Finance and Budget and the Governor of the Central Bank are charged, each in respect of what concerns them, with the execution of this Decree, which shall be published in the Official Journal of the Republic.

Done in Antananarivo, on November 28, 2005

By the PRESIDENT OF THE REPUBLIC
Marc RAVALOMANANA

THE PRIME MINISTER,
HEAD OF GOVERNMENT,
Jacques SYLLA

THE MINISTER OF ECONOMY, FINANCE AND BUDGET
Benjamin Andriamparany RADAVIDSON