Government Decree No. HG127/2008 implementing Law No. LP438/2006 “On regional development.”

This Government Decree validates the Regulation on National Coordination Council for Regional Development establishing the legal status, composition, duties and the procedure for the functioning thereof. The National Coordination Council is a functional structure of general competence that is not legal entity, created for the purpose of approval, implementation and coordination at the national level of regional development policy objectives. The National Coordination Council has the following main powers: (a) approves, promotes and coordinates policy objectives at the national level related to the regional development; (b) approves, promotes and coordinates instruments for implementing regional development policy in the Republic of Moldova; (c) coordinates financial mechanisms for regional development; (d) exercises supervision and control over the use of funds from the National Fund for the regional development; and (e) approves the agenda of meetings of the National Coordination Council. Regional Development Agency forms public-private partnerships and regional group participation schemes for strategic planning as part of the process of creating a regional strategy and develops regional development strategies and operational plans.