The Economic and Social Council analyses the economic and social situation of the country and makes recommendations to the Government and the Parliament, in compliance with the Law, on:
In appliance to its advisory function on settling matters, the Economic and Social Council is mainly competent in
- restructuring and development of the national economy;
- privatisation, functioning and increase of the competitiveness of the economic operators;
- labour relations and wage policy;
- social and health protection;
- education, research and culture;
- monetary, financial, fiscal and income policies.
- analysing and issuing opinions to draft government decisions, ordinances and bills to be submitted for adoption to the Parliament;
- analysing and issuing opinions to draft programmes and strategies not embodied into acts, previous to their adoption;
- informing the Government and the Parliament on the emergence of economic and social events that call for new regulations;
- analysing the causes of disputes at national or branch level and working-out proposal for their settlement in the national interest;
- elaborating analyses and studies on the economic and social realities at the request of the Government, of the Parliament or on its own initiative;
- elaborating and assisting the implementation of strategies, programs, methodologies and standards in the field of the social dialogue;
- observing the carrying out of duties following from the Convention 144 / 1976 of the International Labour Organization on tripartite consultations, intended to promote the enforcement of international labour standards.