Tax compliance as a tool for development of small-sized countries
Dutch headquartered BearingPoint Caribbean were recently awarded a World Bank funded project to modernize the tax administration on the Caribbean island of Grenada. The Grenada Inland Revenue Department (IRD) will be the 15th tax administration to use BearingPoint’s innovative software.
Grenada, like many other Small Island Developing States (SIDS), is highly vulnerable to climate change, natural disasters, and the economic dependence on tourism. In the post-Covid-19 era, the government of Grenada therefore wants to develop more resilience by improving fiscal sustainability. Domestic resource mobilization is now more important than ever.
NL4WorldBank December edition of the newsletter is out!
The newsletter ‘Energy for Development ‘headlines with why the Business Opportunities Fair (BOF) with a focus on climate-smart energy was a success for Dutch company BladeRunner Energy. The BOF was co-hosted by the World Bank Group Liaison officers took place in Washington, D.C. | October 29-31. BladeRunner did not have any previous experience with the World Bank Group or any other IFI before having attended this event, which had over 160 participants from around the world. At the end of the 2.5-day program BladeRunner Energy CEO Paul Vosbeek left with a stack of business cards, new potential investors/partners and a comprehensive plan on how to approach not only the World Bank Group but also other IFIs. For those who were not able to attend we have shared a Business Opportunities Fair recap as well as the presentations.
The newsletter ‘Aid & Trade‘ opens with the success story of Dutch company Philips.
Royal Philips has been working with the World Bank Group for over a decade joining forces on important projects like the human capital index and along with its industry peers has been invited by the World Bank to provide input on a guidance document for the Bank’s clients on understanding how to procure medical diagnostic imaging equipment.
The June 2019 edition of the NL4WorldBank newsletter is out!
The newsletter ‘Development Works‘ opens with the success story of Dutch company Elsevier.
Over the last 12 years Elsevier has been working together with the World Bank (and other multilateral organizations) to support activities in emerging economies to enhance higher education and research, develop better science and technology, and improve local competitiveness.
In the article Elsevier highlights their most important successes with the World Bank of the last few years and their motivation to stay ahead of the expected challenges of Industry 4.0, as well as their commitment to the Sustainable Development Goals.
Further more an introduction of the new President of the World Bank David Malpass was published.
And if you have missed the IMF/World Bank Group Spring Meetings or are interested in what was said during the key events in that week, you can find the most important events of the Meetings on World Bank Live.
To support the sustainable extraction and processing of minerals and metals that are used in clean energy technologies, such as wind, solar, and batteries for energy storage the World Bank created a facility on climate-smart mining. It will focus on helping resource-rich developing countries benefit from the increasing demand for minerals and metals, while keeping the environment and climate footprint as minimal as possible.
Those subscribed to the newsletter automatically received it in their inbox, if not, you can find the latest edition here. All editions of the NL4WorldBank newsletter are published on our website. If you would like to automatically receive the next newsletter when it is published, please subscribe here.
In this edition we feature a story about Wijnand van Ijssel, the secondant for the Food 4 All Partnership between the Netherlands and the World Bank Group. The Partnership aims to find synergies and collaboration between Dutch knowledge programs and expertise in agriculture and food/nutrition and connect this with knowledge development and investment program needs of the World Bank Group.