WHEREAS, it is nece~ary to approve and disburse on time the budgetary appropriations for undertakings by the Federal Govenment during the 1990 (E.C) fiscal year.

WHEREAS, the House of Federation, pursuant to its Constitutional power, has set the formula to be followed in respect of the sharing of joint revenue as between the Federal Government and Regional Governments as well as in respect of subsidies to be made to Regional Governments by the Federal Government;

WHEREAS, it is stipulated in the constitution that the Federal Government shall be vested with auditing and inspecting powers over subsidies made by it to Regional Governments;

NOW, THEREFORE, in accordance with ArticIe.55 (I) of the Constitution of the Federal Democratic Republic of Ethiopia, it is hereby proclaimed as follows: