The Council of Economic Programming (CEP) was designated as the national productivity board of Romania in 2018.
Originally established as an advisory council without legal personality in 2017, the aim of the CEP is to analyse and study the evolution of labour productivity and competitiveness in Romania and to evaluate the strategic priorities and development needs of the country.
The CEP is composed of eminent experts in macroeconomic analysis and forecasting from academia and civil society. The Council is chaired by the president of the National Commission for Strategy and Prognosis (NCSP) and a by a vice-president, elected by the members of the CEP. The Council has the prerogatives necessary to ensure independent and high-quality economic analysis and is able to draw on the expertise of the NCSP.
The independent analysis provided by the CEP, including its annual reports, may be used in the context of the European Semester and the Macroeconomic Imbalance Procedure.