Dutch development cooperation budget published for 2020
On september 17, 2019, the Dutch celebrated 'Prinsjesdag' (Prince's day), which marks the start of the parliamentary year. The minister of finance Wopke Hoekstra presented to the king, the queen, and the cabinet, the overall national budget for 2020, including the budget controlled by the foreign trade and development ministry. The so-called Homogenious Group for Development Cooperation (HGIS) document was also published, consolidating all the funding categorized as Official Development Assistance (ODA) from the development and the other ministries.
The development budget, which is linked to the gross national income (GNI), remains largely at the same level than in 2019, at €3.1 billion (US$3.5 billion) despite economic growth. This represents 0.53% of the GNI, the lowest percentage since 1973, and marks the seventh year since the Netherlands left the 1% club of donors.
There are, however, some changes among the five development budget lines. Budget lines 1 and 2 will increase from 2019 to 2020: sustainable economic development and trade and investments, and sustainable development, food security, water and climate will be allocated €35 million and €30 million (US$39 million and US$34 million) more respectively. Those that have been reduced are lines 3 (social issues), 4 (peace, security and sustainable development) and 5 (multilateral collaborations and other areas), decreasing €3 million, €10 million and €51 million (US$3 million, US$11 million and US$51 million) respectively.