Crown Agents helps developing countries exploit globalisation to develop their economies to achieve sustainable economic growth. We aim to ensure that the public revenue generated from the wealth created is derived of good fiscal policies, and we provide the services that enable governments to manage it, together with the funds donated or loaned by their development partners, in the public interest, to reduce poverty and improve the lives of their people.
The capacity of governments to foster economic growth lies at the heart of their ability to meet public policy objectives such as the Millennium Development Goals (MDGs). Yet the modest economies of developing countries and consequent narrow tax bases affords their public administrations limited means to fund necessary public investment and service provision in the absence of external donor assistance. Crown Agents provides the full range of public finance management services to help governments close that gap.
Working in partnership with governments and donors Crown Agents supports the modernisation of revenue and customs administrations in line with international best practice and recognised standards of governance, integrity and accountability. This includes our ability to provide technology solutions for the effective management of direct and indirect tax revenue, duties and business licences. A modern and efficient tax and customs function, drawing on a private sector led enterprise economy, being the most sustainable source of public funds.
Grounded in a thorough understanding of public sector modernisation issues; institutional and organisational development; and the management of the process of change, our work helps governments improve the national business and investment climate. This stimulates enterprise, generates employment, facilitates trade, increases trade volumes, attracts investment and boosts public revenues. Thus enabling developing countries to integrate and participate more fully in their regional and the larger world economy, leading to a markedly improved economic performance and development outlook.