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Planned fund raises hopes for R&D spending boost

The Dutch government wants to significantly step up investment in research and innovation, knowledge development and infrastructure after 2020, it was announced this week.

The extra investments set out in Finance Minister Wopke Hoekstra’s 2019 budget will come from a special fund, for which the government wants to borrow tens of billions of euros at a low interest rate.

How much precisely will be available for R&D is not yet known. “In the short-term, we will work out the details for the fund, which should provide fodder for sensible investment and economic growth, especially in the long-term,” Hoekstra said when presenting his budget to the Lower House of Parliament on 17 September.

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