The third Tuesday in September is 'Prince's Day' (Prinsjesdag) in the Netherlands. On that day, in his capacity as Head of State, the KingĀ  delivers the so-called 'King's Speech' (Troonrede) in the Hall of Knights in the Binnenhof in The Hague. Subsequently, the Minister of Finance presents his famous 'Third-Tuesday-of-September'-briefcase to theĀ Speaker of the House of Representatives. This briefcase contains the Budget Memorandum and the National Budget. Prince's Day is an important day in Dutch politics, as it marks the start of the parliamentary year. The King delivers his speech before a joint meeting of both chambers of parliament in the Hall of Knights. The members of the Cabinet and the Council of State, as well as a number of invitees are present too. The President of the Senate chairs the joint meeting and opens it with the phrase: 'The joint meeting of the States General, as referred to in article 65 of the Constitution, is hereby opened'.

  1. The King's Speech

    The King's Speech

    As Head of State, King Willem-Alexander delivers the so-called Queen's Speech on Prince's Day on behalf of the Dutch government. In his Speech, the King sets out the state of play in the Netherlands and the government's plans for the coming year. "Members of the States General". Those are the opening words of the King's Speech. King Willem-Alexander delivers the speech before the joint meeting of the States General, but does not write it himself; the ministers do. Every minister makes a contribution in his or her field of policy, which are integrated into one speech by the Prime Minister.

  2. The presentation of the National Budget and the Budget Memorandum

    The presentation of the National Budget and the Budget Memorandum

    After the King's Speech and the traditional cheering of the monarch "Long live the King, hurray, hurray, hurray", the King leaves the Hall of Knights. The members of the House of Representatives then make their way to the plenary meeting hall of the House, where the minister of Finance presents his "Third-Tuesday-of-September"-briefcase, which contains the National Budget and the Budget Memorandum.

  3. General debate

    General debate

    Before the Cabinet can carry out its proposals, Parliament has to consider and approve them. That is why, after the State Opening of Parliament on Prince's Day, the House of Representatives will set out to consider the National Budget and the Budget Memorandum. The Budget Memorandum and the National budget contain the plans of the Cabinet for the coming years and the financial basis thereof. The House of Representatives holds a debate about the impact of the proposals on Dutch society. This debate is called the general political debate.

  4. The beginning of the budgetary year

    The beginning of the budgetary year

    On January 1st the budgetary year begins, during which the government departments will implement their budgets. The House of Representatives monitors if the Government keeps its promises. Ministers and state secretaries must regularly come to the House to answer questions from MPs about their budget. A budget bill also requires approval from the Senate. However, Senators still have the time to consider a budget bill during the first months of the budgetary year.

  5. The Spring Memorandum

    The Spring Memorandum

    In the so-called Spring Memorandum the minister of Finance reports on the progress in government expenditure and revenue. In combination with the Budget Memorandum and the Fall Memorandum the Spring Memorandum offers a general statement of the State's Finances. The debate about the Spring Memorandum is held by the end of June or early in July, shortly before the summer recess. To this end, the minister has tot submit the Spring Memorandum to the House of Representatives by June 1st at the latest.

  6. The Fall Memorandum

    The Fall Memorandum

    In the second half of December, shortly before the Christmas recess, the debate on the so-called Fall Memorandum is conducted. The Fall Memorandum contains the changes as compared to the Budget Memorandum. The minister of Finance has to file the Fall Memorandum to the House of Representatives no later than December 1st.

  7. The end of the budgetary year

    The end of the budgetary year

    The budgetary year expires on December 31st. Early in the next year the Government draws up an annual report, to be discussed by the House on Accountability Day in May.

  8. Accountability Day

    Accountability Day

    The budgetary year expires on December 31st. Early in the next year the Government draws up an annual report, to be discussed by the House on Accountability Day in May.