This Law establishes functional development of regions on the national territory, interregional type of cooperation, institutional framework, specific regional development policy instruments and resources required for creation and functioning of the regional development. Regional development policy shall be intended coordinated activities of central and local public administration, local communities and non-governmental organizations, aimed at planning and implementing a balanced territorial socio-economic development and direct support for socio-economic development of disadvantaged areas. National Regional Development Strategy shall be intended the main planning document of regional development, which reflects national policy in this field and establishes national mechanisms for its development. The main objectives of supporting regional development are: (a) achieving balanced and sustainable socio-economic development throughout the national territory; (b) reducing the imbalance in the levels of socio-economic development of regions and within them; (c) consolidation of financial, institutional and human capacity for social and economic development of regions; (d) supporting the activities of local public authorities and local communities, aimed at the socio-economic development of populated areas, and coordination of their interaction with national, sectoral, regional strategies and development programs. National Regional Development Fund shall be set up to finance projects and regional development programs included in the Unified program document. Regional development strategies are the main planning documents related to balanced and sustainable development of regions, developed with the consideration of the priorities set forth by the National Strategy. This Law contains IV Sections divided into 13 Articles. Section I lays down basic provisions. Section II establishes institutional framework. Section III regards regional development planning. Section IV lays down conclusive provisions.
Republic of Moldova · 2006-12-28