Proclamations
Proclamations in Ethiopia are legislative instruments enacted by the government to introduce new laws or amend existing ones. These proclamations serve as the legal backbone for various sectors, including commercial, investment, and criminal laws.
Notable proclamations include:
Investment Proclamation No. 1180/2020: Governs foreign and domestic investment in Ethiopia.
Commercial Code Proclamation No. 1243/2021: Regulates business operations and corporate governance.
Banking Business Proclamation No. 592/2008: Establishes legal frameworks for financial institutions.