News item | 28-03-2022 | 11:07
On March 28, 2022, the cabinet sent a first draft of the Dutch Recovery and Resilience Plan to the House of Representatives. It contains nearly 40 plans for reforms and investments. Based on the input from the House of Representatives, the consultation of stakeholders and the dialogue with the European Commission, a final plan will be drawn up in the coming months.
The EU countries agreed on a corona recovery fund of 750 billion euros in 2020. The EU uses this money to help countries recover their economies after the corona crisis, by providing loans and subsidies. EU countries can claim the money by drawing up and executing plans to make their economies stronger and more resilient. At least 37% of the expenditure is spent on climate-related investments and at least 20% will contribute to the digital transition in Europe. The plans must also be in line with the country-specific recommendations that all EU countries received in 2019 and 2020 in the context of the European Semester.
Ambitious base
The Dutch draft plan consists of 39 measures, 23 of which are investments and 16 reforms. The focus of the plans is on climate, digitization, public housing, equality of opportunity, and the labor market. Investments are also made in healthcare and in tackling money laundering and tax evasion. According to Minister Kaag (Finance), the proposals lay a solid foundation for an ambitious Dutch Recovery and Resilience Plan. “The proposals in the first version of the Dutch Recovery and Resilience Plan cover many topics. This means that we implement a wide range of reforms that make our country stronger. At the same time, we are investing in a sustainable and digital future. Both contribute to a strong and resilient Dutch society.”
Dialogue
All proposals together add up to a higher amount than the Netherlands can claim. Based on the input from the House of Representatives, the consultation of stakeholders and the dialogue with the European Commission, a final plan will be drawn up in the coming months. The aim is to present it to the House of Representatives in June 2022.