## IMF and The Netherlands Launch New Program to Boost Capacity in Eastern and Southeastern Europe

_IMF News, July 7, 2016_

## Source details

**Canonical URL:** [IMF and The Netherlands Launch New Program to Boost Capacity in Eastern and Southeastern Europe](https://www.imf.org/en/news/articles/2016/07/07/20/04/pr16323-imf-and-the-netherlands-launch-new-program-to-boost-capacity-in-eastern)

## Other formats

- [Markdown version](/en/news/articles/2016/07/07/20/04/pr16323-imf-and-the-netherlands-launch-new-program-to-boost-capacity-in-eastern/index.md)
- [Structured JSON version](/en/news/articles/2016/07/07/20/04/pr16323-imf-and-the-netherlands-launch-new-program-to-boost-capacity-in-eastern/index.json)
- [Bundle manifest](/en/news/articles/2016/07/07/20/04/pr16323-imf-and-the-netherlands-launch-new-program-to-boost-capacity-in-eastern/bundle-manifest.json)

## Bibliographic details
- Published: July 7, 2016

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### Program overview
- The International Monetary Fund (IMF) and the Dutch Ministry of Foreign Affairs have launched a three-year capacity building program for nine countries in eastern and south-eastern Europe.
- Program name: “Netherlands-IMF Capacity Development Partnership Program”.
- Objective: strengthen economic institutions to foster economic growth and stability in the region, with supporting sound macroeconomic policies.

### Funding and scope
- The Dutch Minister of Foreign Affairs Bert Koenders has committed 12 million euros (about US$13.3 million) to the program.
- The program builds on previous and ongoing IMF capacity development work in eastern and south-eastern Europe.
- The Netherlands has contributed approximately US$38 million over FY2010–16 to IMF Capacity Development activities.

### Areas of focus
- Public finances (including revenue mobilization and public financial management).
- Monetary and financial areas (e.g, bank supervision and crisis preparedness).
- Statistics.
- Macroeconomic management.

### Beneficiary countries
- The program will benefit countries represented by the Netherlands at the IMF Executive Board — Armenia, Bosnia and Herzegovina, Georgia, Macedonia, Moldova, Montenegro, and Ukraine — as well as Albania and Kosovo.

### Context and complementarities
- The Netherlands is a strong supporter of IMF’s Capacity Development activities and an early supporter of IMF multi-partner vehicles.
- Prior Dutch contributions have supported regional centers in Africa and global funds focused on key topics, including Revenue Mobilization (RMTF), Managing Natural Resource Wealth (MNRW), Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT), and the Tax Administration Diagnostic Assessment Tool (TADAT).
- Bilateral programs complement the IMF’s multi-partner vehicles (regional technical assistance centers, regional training centers, and global funds) to assist member countries in building strong institutions and improving the implementation of their economic policies.

### Contact and follow-up
- PRESS OFFICER: Lucie Mboto Fouda
- Phone: +1 202 623-7100
- Email: MEDIA@IMF.org
- Follow IMF Capacity Development on Social Media: Twitter: @IMFCapDev Facebook: IMFCapacityDevelopment
- Website: www.imf.org/capacitydevelopment

*Press Release No. 16/323 — July 7, 2016*

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## References

- [PRESS CENTER](http://presscenter.imf.org/)
- [RMTF](http://www-stg-ext.imf.org/external/np/ins/english/tpattf.htm)
- [regional technical assistance centers](http://www-stg-ext.imf.org/external/np/exr/facts/afritac.htm)
- [regional training centers](http://www-stg-ext.imf.org/external/np/exr/facts/training.htm)
- [global funds](http://www-stg-ext.imf.org/external/np/exr/facts/ttf.htm)
- [www.imf.org/capacitydevelopment](http://www-stg-ext.imf.org/external/np/ins/english/index.htm)
- [https://www.imf.org/en/home](https://www.imf.org/en/home)

_Source: https://www.imf.org/en/news/articles/2016/07/07/20/04/pr16323-imf-and-the-netherlands-launch-new-program-to-boost-capacity-in-eastern_