Crown Agents. Crown Agents Structure
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1 Private Limited Company Our mission: Crown Agents Deal with humanitarian, economic and social problems which bring suffering to people or prevent people to maximize their potential. We are a Public Interest Organisation We act on a commercial basis Owned by a Foundation Non-Profit Distributing Organisation Do not receive any subsidy We must make a surplus. Dividend paid to the Foundation Foundation distributes for development 1 Crown Agents Structure Developmental Purpose Crown Agents Foundation Crown Agents Board Developmental Services Supply Chain Public Finance Services Disaster Relief Humanitarian Crown Agents Ltd. Developmental Services 2
2 Public Finance Holistic View Procurement Targeting Revenue-Tax Collection Foreign Econ relations, including Aid Intnl. Economic Industrial Support Planning Revenue Tax Exchange Rate Budget Planning & Execution Macroeconomic and Projections Supply Side Policies Government Accounts Budget Finance Monetary Accounting & Audit Standards Cash Debt Market Dev. Market Regs. 3 Public Finance The Skills and Expertise Budget/Accounting Customs and Trade Facilitation Direct and Indirect Tax Reform Debt Information Technology Human Resource Development Institutional Development 4
3 Public Finance Big Impact Projects Procurement Targeting Revenue-Tax Collection Foreign Econ relations, in Aid Intnl. Economic Industrial Support Planning Revenue Tax Exchange Rate Budget Planning & Execution Macroeconomic and Projections Supply Side Policies Government Accounts Budget Finance Monetary Accounting & Audit Standards Cash Debt Market Dev. Market Regs. 5 VAT in LESOTHO SIX YEARS OF SUPPORT FOR LESOTHO Support for the introduction of VAT Supply of Taxation Software Supply of a taxpayer ID system Support for the introduction of the Revenue Authority On-going dialogue 6
4 Debt in Angola Training Delivered tailored course in 2002 in debt recording and analysis MoF regular attendees on our UK debt management courses Pursuing World Bank Program: Economic TA Component 3: strengthening public debt management Focus on strengthening institutional and operational relations between Ministry of Finance (MoF) and Banco Nacional de Angola (BNA) Liaising with Debt Relief International on debt sustainability Received briefing after recent DRI visit to Luanda /meeting with MOF Crown Agents working closely with DRI in other countries, e.g. Nigeria Maintain relations with key individuals in MoF 7 Angola Customs Expansion & Modernisation Programme Part of the Government of Angola s Economic and Social Reform Plan; Programme owned by Government of Angola; 5 year Contract: March 2001 to February 2006; Barometer for the International Finance Institutes Ambitious objectives and targets 8
5 Angola Customs Expansion & Modernisation Programme Key Objectives Enhance revenue yield - from non-oil sector Introduce appropriate Information Technology Improve Clearance Processes and reduce costs for Legitimate Trade Revise Legislation & Procedures Restructure Organisation Modernise Infrastructure Introduce HR Development & Training Programmes Ensure Sustainability 9 Angola Customs Expansion & Modernisation Programme Results to date: ANGOLAN NATIONAL DIRECTORATE OF CUSTOMS REVENUE COLLECTED PERIOD: JANUARY - DEZEMBER 2000, 2001, 2002, 2003 & 2004 USD MILLION ,173 USD MILLION , , , , January February March April May June July August September October November December
6 Customs Systems Delivered Latvia Bahamas Kosovo Bulgaria Jamaica Angola Mozambique 11 Tax Systems Delivered Jamaica Isle of Man Ghana Uganda Zambia Lesotho Jordan Tanzania Mozambique Karnataka India 12
7 That was Crown Agents in a Nutshell Now over to Ron McGill 13
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