ECONOMIC COUNCIL TO THE PRIME MINISTER OF THE RM

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Mission and Objectives

Economic Council to the Prime Minister of the RM

Mission:

The Economic Council to the Prime Minister was established as an advisory body by the Government Decision No. 631 of 22.08.2011. The Council was assigned the mission to facilitate the dialogue between the representatives of the business environment, donors’ community and policy makers so as to develop a favorable social-economic climate and non-discriminatory, transparent business environment, which would be attractive for investment. In the nearest future, the mission of the Council will be extended. For the purpose of implementing the commitments undertaken by our country in the Protocol Amending the Marrakech Agreement Establishing the World Trade Organization (Agreement on Trade Facilitation) approved by Law No. 729 of 9 June 2016, the Council is assigned the functions of the National Committee for Trade Facilitation. It is authorized to discuss and develop solutions for external trade related problems of national importance, which refer simultaneously to a number of public authorities and needs a systematic approach. From August 2019 the platform also exercise the functions of the Advisory Council for small and medium enterprises. The main mission consists in identifying key issues, concerns and needs of small and medium enterprises in Moldova.

Mandate:

The Council was granted the following mandate:

  • provision of expertise to the Government from the business community in drafting public policies in economic, budgetary, fiscal, trade areas, etc.;
  • monitoring and evaluating the impact of public policies implementation;
  • engagement of the private sector in developing public decisions in economic, budgetary, fiscal, trade areas, etc.

Instruments:

The Council applies the following instruments:

  • reviews Prime Minister’s requests, submitting him opinions and recommendations;
  • participates in developing the Government’s vision regarding certain reform processes;
  • submits recommendations related to public investment programs drafted by the ministries and other public authorities;
  • initiates proposals for economic development policies, including improvements in such areas as monetary, credit, budgetary, fiscal, foreign and domestic trade, support for the real economy sector, infrastructure development, labor market, social protection, etc;
  • reviews and proposes solutions for the most stringent economic and social problems.