Transfer of knowledge to foreign countries

In a practical sense, the Ministry of Finance contributes to the development of a number of countries. This happens in the form of technical assistance given to fellow ministries in these countries. The underlying idea is that a strong and smoothly functioning Ministry of Finance is vitally important for a policy that is focused on reform, growth and employment.

Technical assistance is defined as ‘the transfer of knowledge by or via the Ministry to non-EU countries'. Different forms of transfer are possible, ranging from seminars and short study visits to the long-term deployment of staff to the country in question.

Countries

The following countries are eligible for the transfer of knowledge from the Ministry of Finance:

  • EU candidate-member states (including a transitional regime for countries that have recently been admitted as new member states);
  • Countries that belong to the same selection group as the Netherlands for the IMF, World Bank and EBRD;
  • Countries with which the Netherlands has special ties: current and former overseas territories of the Netherlands.

Type of support

The support can consist of different types of knowledge transfer:

  • policy advice;
  • knowledge transfer;
  • EU twinning: multi-year projects in which the Ministry of Finance, sometimes in cooperation with a fellow ministry from another EU member state, provides assistance to an EU candidate-member state.
  • technical assistance in related areas

The technical assistance is active in the following areas:

Taxation:

  • detection of tax law offences;
  • reform of tax administration; 
  • improvement of computerisation;
  • admission to Customs Information System Treaty;
  • performance management;
  • risk management;
  • improvement of tax collection legislation and actual collection.

Customs:

  • modernising/reinforcing external borders;
  • supporting customs laboratory;
  • customs legislation;
  • drafting a business strategy plan.

Financial markets / financial management/ financial supervision:

  • setting up market for short government certificates of debt;
  • carrying out EU directive on insurances; 
  • management of government treasury; 
  • management of government debt; 
  • supervision of insurance industry;
  • Corporate Governance Code; 
  • setting up an interdepartmental coordination structure for EU affairs.

Budget:

  • budget legislation;
  • budget procedures;
  • audit & control;
  • setting up training institute for public finances.

Cooperation with other organisations

In the Netherlands, the Ministry of Finance cooperates with the following organisations in the transfer of knowledge to foreign countries:

  • Rijksacademie voor Financiën en Economie (National Academy for Finance and Economics)
  • De Nederlandsche Bank  (central bank of the Netherlands)
  • Autoriteit Financiële Markten (Netherlands Authority for Financial Markets)
  • Algemene Rekenkamer (Court of Audit)

Abroad the Netherlands cooperates with:

  • European Commission (various departments)
  • Centre of Excellence in Finance (CEF) in Ljubljana, Slovenia 
  • World Customs Organization (WCO) in Brussels, Belgium
  • IOTA in Budapest, Hungary 
  • OECD-SIGMA in Paris, France

Ministry responsible