Constituency Programme of the NL Ministry of Finance
The NL Ministry of Finance attaches great importance to good relations with her counterparts abroad. In a number of countries the Ministry also offers her assistance to support counterparts and affiliated organisations in their development and reforms, if so requested. Why? Because we feel that a strong and well functioning Ministry of Finance is of utmost importance to implement policies to bolster economic growth and employment.
The constituency context
The NL Ministry of Finance has close relations with her counterparts in the countries that share the NL constituencies at IMF, World Bank Group and EBRD (European Bank for Reconstruction and Development). This special relationship is the fundament for the Constituency Programme. Countries eligible for technical cooperation within this programme are Armenia, Bosnia and Herzegovina, Bulgaria, Croatia, Georgia, Macedonia, Moldova, Mongolia, Montenegro, Romania and Ukraine.
The Constituency Programme of the NL Ministry of Finance aims to assist Ministries of Finance and affiliated organizations in constituency countries in achieving (or promote awareness of) European and international standards in the area of transparent and solid public finances. NL best practices can be instrumental to achieve that aim.
Our Technical cooperation:
- Is demand driven: based on firm requests for technical assistance from the country’s Ministries of Finance (or affiliated organisations);
- Is mainly delivered by our own experts, exchanging knowledge and experiences with their colleagues in the countries concerned. The experts apply an interactive and tailor made approach in trainings and other activities. The idea is to learn together, not teach.
- Is coordinated with the work of EU, International Financial Institutions (IFI’s) and other (bilateral) donors.
Area’s covered by the Constituency Programme
- Budget: budget process (preparation, execution, supervision), legislation, audit and control
- Tax and customs: tax and customs policy, tax and customs administration
- Public Private Partnerships (PPP’s)
- Anti money laundering
- Export credit insurance
- Debt and cash management
- Financial markets
- Other relevant EU issues (like EU coordination structures)
How do we work?
- Requests for technical assistance will first be assessed by the coordinator and relevant experts of the NL Ministry of Finance. Final approval will depend on factors like content (does it cover our policy area), specifications (is the request clear, concrete, viable and is there a lead for our involvement) and the availability of our experts.
- In case of a request for funding we need a comprehensive project plan, budget and timeline.
- Each year the activities will be included in a Bilateral Cooperation Programme (BCP), to be mutually agreed by both Ministries of Finance.
- The BCP fits into a framework put down in a multi year Memorandum of Understanding, signed by both Ministers of Finance.
The assistance delivered can be shaped in different formats:
- Short mission of Dutch experts to the country.
- Depending on the issue, the specific need in the country and the availability of our experts, the involvement of experts could have a longer time span.
- Study visit to the Netherlands.
- (Participation in) seminars and workshops, in NL or abroad, for example at the Centre of Excellence in Finance (CEF) in Slovenia.
- Projects that cover several constituency countries (regional focus, knowledge sharing).
- Cooperation in projects with other (bilateral) donors, EU and/or IFI’s in a particular country.
The NL Ministry of Finance works closely with several partners in the NL and abroad to deliver the assistance:
- National Academy for Finance and Economics.
- NL Tax and Customs Administration, including FIOD (Fiscal Information and Investigation Service).
- Central Government Audit Service.
- Several NL line Ministries.
- De Nederlandsche Bank (DNB), which is the NL Central Bank.
- NL Court of Audit.
- Money Wise Platform (financial literacy).
- Authority for Financial Markets (AFM).
- Organisations in the area of anti money laundering like the AMLCentre, FIU (Financial Intelligence Unit) and FEC (Financial Expertise Centre).
- Centre of Excellence in Finance (Slovenia).
- The NL Embassies in the constituency countries.
- NL constituency offices in Washington (IMF, World Bank) and London (EBRD).
For more information please contact:
Angelique van Haasteren
Coordination Constituency Programme
NL Ministry of Finance