The Netherlands’ National Recovery and Resilience Plan: Latest state of play

Summary:

For the implementation of its National Recovery and Resilience Plan (NRRP), the Netherlands is set to receive €4 707.6 million in grants from the Recovery and Resilience Facility (RRF), the EU instrument to tackle the socio-economic consequences of the COVID-19 pandemic. This amount will almost entirely cover the total cost of the plan, estimated at €4 708.3 million. So far, the Netherlands has not requested any loans. The plan is relatively small compared with most Member States' plans. The value of the Netherlands' grants under the RRF equals 0.6 % of the Dutch gross domestic product (GDP) in 2019, or €269 per capita. According to European Commission estimates, it could increase GDP by between 0.4 % and 0.6 %, including positive spillover effects from other Member States' plans, and generate up to 22 000 additional jobs by 2026. The Dutch NRRP includes 21 reforms and 28 investments divided into six components. It is one of the most ambitious among the Member States as regards the share of investment devoted to the green transition and digital transformation. Planned spending on these areas exceeds the compulsory targets by 10.8 % for climate (totalling 47.8 %), and by 5.6 % for digital (totalling 25.6 %).

Other priorities of the plan include improving the housing and labour market and pension and education systems, strengthening public healthcare and pandemic preparedness, and tackling tax avoidance and money laundering. Some 44 % of the total envelope for the plan is expected to contribute to the REPowerEU objectives of reducing dependency on Russian fossil fuels and accelerating the green transition. Owing to the plan's late submission, the Netherlands was not eligible for pre-financing. Disbursement of the allocation for the Netherlands – divided into five instalments – will depend on progress in implementing the plan. The European Parliament participates in interinstitutional forums for cooperation and discussion on RRF implementation, and scrutinises the European Commission's work. This briefing is one in a series covering all EU Member States.

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