Annual Update 2022 VNG International

Finances

 

The net turnover of VNG International in 2021 amounts to 29,644,203 Euro. With 46.7% of the turnover the Dutch Ministry of Foreign Affairs is the largest client, followed by the European Commission, the World Bank, foreign national governments and other international donors. The fiscal year was finalized with a positive result of 269,000 Euro after taxation. The remaining amount will be used to strengthen democratic local government. Due to decrease of the Covid-19 restrictions in 2022 it is expected that project activities will increase compared to 2021, which will have a positive effect on the financial perspectives.

 

 

> See also: Financial Statement 2021