WHEREAS, the economic and efficient use of public funds is essential to a well-functioning government:.

WHEREAS, procurement of goods, works and services constitute a major share of public expenditure;

WHEREAS, public procurement must be carried out in a manner which is not only economic and efficient but also fair, transparent and non-discriminatory;

WHEREAS, public procurement may also be instrumental to economic development at regional and national levels in Ethiopia;

NOW, THEREFORE, in accordance with Article 55 (1) of the Constitution of the Federal Democratic Republic of Ethiopia, it is hereby proclaimed as follows;