The Fund's Income Position for FY 2015 - Actual Outcome

Download The Fund's Income Position for FY 2015 - Actual Outcome PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1498344224
Total Pages : 8 pages
Book Rating : 4.4/5 (983 download)

DOWNLOAD NOW!


Book Synopsis The Fund's Income Position for FY 2015 - Actual Outcome by : International Monetary Fund. Finance Dept.

Download or read book The Fund's Income Position for FY 2015 - Actual Outcome written by International Monetary Fund. Finance Dept. and published by International Monetary Fund. This book was released on 2015-09-09 with total page 8 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper reports the Fund’s income position for FY 2015 following the closing of the Fund’s accounts for the financial year and completion of the external audit. FY 2015 net income, including income from surcharges, amounted to SDR 1.6 billion or about SDR 133 million more than estimated in April. The bulk of this difference reflects a smaller net loss in the valuation reported under the revised accounting standard for employee benefits (IAS 19). In accordance with decisions taken in April 2015, investment income from the Fixed-Income Subaccount of SDR 84 million has been transferred from the Investment Account to the GRA. GRA net income for FY 2015 of SDR 1.5 billion has been placed to the Fund’s reserves, further strengthening the Fund’s precautionary balances, which reached SDR 14.2 billion at the end FY 2015.

The Fund's Income Position For FY 2016

Download The Fund's Income Position For FY 2016 PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 149834531X
Total Pages : 8 pages
Book Rating : 4.4/5 (983 download)

DOWNLOAD NOW!


Book Synopsis The Fund's Income Position For FY 2016 by : International Monetary Fund. Finance Dept.

Download or read book The Fund's Income Position For FY 2016 written by International Monetary Fund. Finance Dept. and published by International Monetary Fund. This book was released on 2016-08-26 with total page 8 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper reports the Fund’s income position for FY 2016 following the closing of the Fund’s accounts for the financial year and completion of the external audit. FY 2016 net income, including income from surcharges, was unchanged from the amount of SDR 998 million projected in April. GRA net income for FY 2016 of about SDR 1 billion has been placed to the Fund’s reserves, further strengthening the Fund’s precautionary balances, which reached SDR 15.2 billion at the end of FY 2016. Following the completion of the Executive Board’s review of the investment strategy for the Fixed-Income Subaccount and consistent with the discussions in April, currencies totaling about SDR 3.7 billion will be transferred to the Investment Account during September and October 2016. This comprises currencies equivalent to the net income retained in the GRA in FY 2014 (SDR 1.2 billion) and FY 2015 (SDR 1.5 billion), together with the currencies equivalent to the FY 2016 GRA net income of about SDR 1 billion.

The Fund's Income Position for FY 2017 - Actual Outcome

Download The Fund's Income Position for FY 2017 - Actual Outcome PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1498309739
Total Pages : 8 pages
Book Rating : 4.4/5 (983 download)

DOWNLOAD NOW!


Book Synopsis The Fund's Income Position for FY 2017 - Actual Outcome by : International Monetary Fund. Finance Dept.

Download or read book The Fund's Income Position for FY 2017 - Actual Outcome written by International Monetary Fund. Finance Dept. and published by International Monetary Fund. This book was released on 2018-09-04 with total page 8 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This paper reports the Fund’s income position for FY 2017 following the closing of the Fund’s accounts for the financial year and completion of the external audit. Total FY 2017 net income, including income from surcharges, amounted to SDR 1.9 billion or about SDR 258 million higher than estimated in April, reflecting mainly a larger than anticipated gain reported under IAS 19 (the accounting standard for employee benefits). GRA net income for FY 2017 was about SDR 1.49 billion and has been placed to the Fund’s reserves. In accordance with decisions taken in April 2017, a net transfer of currencies amounting to SDR 1.41 billion was made in August 2017 from the GRA to the Investment Account. The placement of the net income to the Fund’s reserves has further strengthened the Fund’s precautionary balances, which reached SDR 16.7 billion at the end of FY 2017."

Review of the Fund's Income Position for FY 2011 and FY 2012

Download Review of the Fund's Income Position for FY 2011 and FY 2012 PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1498339050
Total Pages : 40 pages
Book Rating : 4.4/5 (983 download)

DOWNLOAD NOW!


Book Synopsis Review of the Fund's Income Position for FY 2011 and FY 2012 by : International Monetary Fund. Finance Dept.

Download or read book Review of the Fund's Income Position for FY 2011 and FY 2012 written by International Monetary Fund. Finance Dept. and published by International Monetary Fund. This book was released on 2011-07-04 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper reviews the Fund’s income position for FY 2011 and FY 2012. The paper updates projections provided at the FY 2011 midyear review and sets out related proposed decisions for the current and next financial years. A companion paper provides an update on the consolidated medium-term income and expenditure framework.

Government Finance Statistics Manual 2014

Download Government Finance Statistics Manual 2014 PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1498379214
Total Pages : 470 pages
Book Rating : 4.4/5 (983 download)

DOWNLOAD NOW!


Book Synopsis Government Finance Statistics Manual 2014 by : Mrs.Sage De Clerck

Download or read book Government Finance Statistics Manual 2014 written by Mrs.Sage De Clerck and published by International Monetary Fund. This book was released on 2015-03-10 with total page 470 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 2007–09 international financial crisis underscored the importance of reliable and timely statistics on the general government and public sectors. Government finance statistics are a basis for fiscal analysis and they play a vital role in developing and monitoring sound fiscal programs and in conducting surveillance of economic policies. The Government Finance Statistics Manual 2014 represents a major step forward in clarifying the standards for compiling and presenting fiscal statistics and strengthens the worldwide effort to improve public sector reporting and transparency.

The Fund's Income Position for FY 2009-Midyear Review

Download The Fund's Income Position for FY 2009-Midyear Review PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1498333893
Total Pages : 14 pages
Book Rating : 4.4/5 (983 download)

DOWNLOAD NOW!


Book Synopsis The Fund's Income Position for FY 2009-Midyear Review by : International Monetary Fund. Finance Dept.

Download or read book The Fund's Income Position for FY 2009-Midyear Review written by International Monetary Fund. Finance Dept. and published by International Monetary Fund. This book was released on 2008-05-12 with total page 14 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper reviews the outlook for the Fund’s income position for the financial year 2009 taking into account developments through the first half of the year. The FY 2009 income outlook has improved, mainly as a result of new lending activity associated with the turmoil in global financial markets, together, to a lesser extent, with stronger-than-projected returns in the Investment Account (IA) in the first half of the financial year. The updated projections indicate that the net income position would be slightly positive in FY 2009. However, the actual outcome remains subject to considerable uncertainty related to the timing and amounts of disbursements under current arrangements, as well as potential new arrangements and the performance of the IA

Review of the Fund's Income Position for FY 2015 and FY 2016

Download Review of the Fund's Income Position for FY 2015 and FY 2016 PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 149834478X
Total Pages : 47 pages
Book Rating : 4.4/5 (983 download)

DOWNLOAD NOW!


Book Synopsis Review of the Fund's Income Position for FY 2015 and FY 2016 by : International Monetary Fund

Download or read book Review of the Fund's Income Position for FY 2015 and FY 2016 written by International Monetary Fund and published by International Monetary Fund. This book was released on 2015-06-04 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt: FY 2015 net income is now projected at SDR 1.5 billion. Lending continues to be the main source of income, although advance repurchases have lowered projected lending income in FY 2015 by SDR 0.3 billion. Investment income remains constrained in the low interest environment but the returns were somewhat stronger than projected. A revaluation of pension obligations, required under accounting standard IAS 19 and stemming from a further fall in the discount rate, is projected to entail an adjustment to FY 2015 net income of about SDR 0.8 billion. The paper proposes that GRA net income of SDR 1.3 billion, which excludes the retained earnings of the gold endowment, be placed to the special reserve.* After the placement to reserves, precautionary balances are projected at SDR 14.0 billion at the end of FY 2015. The paper further proposes to retain currencies available for transfer to the Investment Account in the GRA, pending completion later this year of the Board’s review of the mandate for the Fixed-Income Subaccount.

Review of the Fund’s Income Position for FY 2024 and FY 2025-2026

Download Review of the Fund’s Income Position for FY 2024 and FY 2025-2026 PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 49 pages
Book Rating : 4.4/5 (2 download)

DOWNLOAD NOW!


Book Synopsis Review of the Fund’s Income Position for FY 2024 and FY 2025-2026 by : International Monetary Fund. Finance Dept.

Download or read book Review of the Fund’s Income Position for FY 2024 and FY 2025-2026 written by International Monetary Fund. Finance Dept. and published by International Monetary Fund. This book was released on 2024-05-10 with total page 49 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper updates the projections of the Fund’s income position for FY 2024 and FY 2025-2026 and proposes related decisions for the current and the following financial years. The paper also includes a proposed decision to keep the margin for the rate of charge unchanged until completion of the review of surcharges, but until no later than end FY 2025, at which time the Board would set the margin for the rest of FY 2025 and FY 2026. The Fund’s overall net income for FY 2024 is projected at about SDR 4.4 billion after taking into account pension-related remeasurement gain and estimated retained investment income of the Endowment Account.

Review of the Fund's Income Position for FY 2017 and FY 2018

Download Review of the Fund's Income Position for FY 2017 and FY 2018 PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1498346774
Total Pages : 49 pages
Book Rating : 4.4/5 (983 download)

DOWNLOAD NOW!


Book Synopsis Review of the Fund's Income Position for FY 2017 and FY 2018 by : International Monetary Fund. Finance Dept.

Download or read book Review of the Fund's Income Position for FY 2017 and FY 2018 written by International Monetary Fund. Finance Dept. and published by International Monetary Fund. This book was released on 2017-05-30 with total page 49 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Fund’s total net income for FY 2017, including surcharges, is projected at about SDR 1.7 billion or some SDR 0.7 billion higher than expected in April 2016. This mainly reflects the IAS 19 adjustment (relating to reporting of employee benefits), which is expected to contribute about SDR 0.4 billion to net income, and higher investment income. Lending income is expected to be modestly lower than the April 2016 estimates. The paper recommends that GRA net income of SDR 1.2 billion for FY 2017 (which excludes projected income of the gold endowment), be placed equally to the special and general reserve. After the placement of GRA FY 2017 net income to reserves, precautionary balances are projected to reach SDR 16.4 billion at the end of FY 2017. The paper further proposes to transfer currencies equivalent to the increase in the Fund’s reserves from the GRA to the Investment Account. In April 2016, the margin for the rate of charge was set at 100 basis points for the two years FY 2017 and FY 2018. The margin may be adjusted before the end of the first year of this two-year period (i.e., FY 2017) but only if warranted by fundamental changes in the underlying factors relevant for the establishment of the margin at the start of the two-year period. Staff does not propose a change in the margin. The projections for FY 2018 point to a net income position of SDR 0.7 billion. These projections are subject to considerable uncertainty and are sensitive to a number of assumptions.

FY 2021-FY 2023 Medium-Term Budget

Download FY 2021-FY 2023 Medium-Term Budget PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1513545817
Total Pages : 92 pages
Book Rating : 4.5/5 (135 download)

DOWNLOAD NOW!


Book Synopsis FY 2021-FY 2023 Medium-Term Budget by : International Monetary Fund. Office of Budget and Planning

Download or read book FY 2021-FY 2023 Medium-Term Budget written by International Monetary Fund. Office of Budget and Planning and published by International Monetary Fund. This book was released on 2020-05-29 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt: On April 27, 2020, the Executive Board of the International Monetary Fund (IMF) approved the IMF’s administrative and capital budgets for financial year (FY) 2021, beginning May 1, 2020, and took note of indicative budgets for FY 2022–23.

The Consolidated Medium-Term Income and Expenditure Framework

Download The Consolidated Medium-Term Income and Expenditure Framework PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1498343430
Total Pages : 14 pages
Book Rating : 4.4/5 (983 download)

DOWNLOAD NOW!


Book Synopsis The Consolidated Medium-Term Income and Expenditure Framework by : International Monetary Fund

Download or read book The Consolidated Medium-Term Income and Expenditure Framework written by International Monetary Fund and published by International Monetary Fund. This book was released on 2014-04-22 with total page 14 pages. Available in PDF, EPUB and Kindle. Book excerpt: The medium-term income projections have been updated since the last estimate provided to the Executive Board in April 2013. Lending income is higher compared with the earlier estimates as a result of new arrangements approved since April 2013. Non-lending income is lower primarily due to revised projections for investment income. The updated expenditure path assumes the net administrative budget remains constant in real terms at the FY 2014 level, implying a nominal medium-term path that is somewhat higher than in the April 2013 projections. Precautionary balances are projected to reach the current target of SDR 20 billion in FY 2018. The projections also illustrate a broad balance between income and expenditures even if lending were to return to pre-crisis levels.

Review of the Fund’s Income Position for FY 2013 and FY 2014

Download Review of the Fund’s Income Position for FY 2013 and FY 2014 PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 149834187X
Total Pages : 35 pages
Book Rating : 4.4/5 (983 download)

DOWNLOAD NOW!


Book Synopsis Review of the Fund’s Income Position for FY 2013 and FY 2014 by : International Monetary Fund. Finance Dept.

Download or read book Review of the Fund’s Income Position for FY 2013 and FY 2014 written by International Monetary Fund. Finance Dept. and published by International Monetary Fund. This book was released on 2013-04-30 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper reviews the Fund’s income position for FY 2013 and FY 2014. The paper updates projections provided at the FY 2013 midyear review and proposes decisions for the current and next financial year. The paper includes a comprehensive review of the Fund’s income position as required under the new Rule I-6(4) adopted in December 2011 (see Box 1). Based on this review, no change in the margin for the rate of charge is proposed. The paper is structured as follows: The first section reviews the FY 2013 income position and the main changes from the midyear projections; the second section makes proposals on the disposition of FY 2013 net income, and placement to reserves; the third section discusses the margin on the rate of charge for FY 2014, updates the income projections, and reviews the projected burden sharing adjustments; and the last section reviews special charges.

Government Finance Statistics Manual 2001

Download Government Finance Statistics Manual 2001 PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 9781589060616
Total Pages : 218 pages
Book Rating : 4.0/5 (66 download)

DOWNLOAD NOW!


Book Synopsis Government Finance Statistics Manual 2001 by : International Monetary Fund

Download or read book Government Finance Statistics Manual 2001 written by International Monetary Fund and published by International Monetary Fund. This book was released on 2001-12-19 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Manual, which updates the first edition published in 1986, is a major advance in the standards for compilation and presentation of fiscal statistics. It is intended as a reference volume for compilers of government finance statistics, fiscal analysts, and other users of fiscal data. The Manual introduces accrual accounting, balance sheets, and complete coverage of government economic and financial activities. It covers concepts, definitions, classifications, and accounting rules, and provides a comprehensive framework for analysis, planning, and policy determination. To the extent possible, the Manual has been harmonized with the System of National Accounts 1993.

The Fund's Income Position for FY 2006 - Midyear Review

Download The Fund's Income Position for FY 2006 - Midyear Review PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1498330800
Total Pages : 10 pages
Book Rating : 4.4/5 (983 download)

DOWNLOAD NOW!


Book Synopsis The Fund's Income Position for FY 2006 - Midyear Review by : International Monetary Fund. Finance Dept.

Download or read book The Fund's Income Position for FY 2006 - Midyear Review written by International Monetary Fund. Finance Dept. and published by International Monetary Fund. This book was released on 2005-02-12 with total page 10 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents the Fund’s actual outcome for the first half of FY 2006 together with updated income projections for the year as a whole.

Evolving Monetary Policy Frameworks in Low-Income and Other Developing Countries

Download Evolving Monetary Policy Frameworks in Low-Income and Other Developing Countries PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1498344062
Total Pages : 74 pages
Book Rating : 4.4/5 (983 download)

DOWNLOAD NOW!


Book Synopsis Evolving Monetary Policy Frameworks in Low-Income and Other Developing Countries by : International Monetary Fund

Download or read book Evolving Monetary Policy Frameworks in Low-Income and Other Developing Countries written by International Monetary Fund and published by International Monetary Fund. This book was released on 2015-10-23 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past two decades, many low- and lower-middle income countries (LLMICs) have improved control over fiscal policy, liberalized and deepened financial markets, and stabilized inflation at moderate levels. Monetary policy frameworks that have helped achieve these ends are being challenged by continued financial development and increased exposure to global capital markets. Many policymakers aspire to move beyond the basics of stability to implement monetary policy frameworks that better anchor inflation and promote macroeconomic stability and growth. Many of these LLMICs are thus considering and implementing improvements to their monetary policy frameworks. The recent successes of some LLMICs and the experiences of emerging and advanced economies, both early in their policy modernization process and following the global financial crisis, are valuable in identifying desirable features of such frameworks. This paper draws on those lessons to provide guidance on key elements of effective monetary policy frameworks for LLMICs.

Review of the Adequacy of the Fund's Precautionary Balances

Download Review of the Adequacy of the Fund's Precautionary Balances PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1498346057
Total Pages : 74 pages
Book Rating : 4.4/5 (983 download)

DOWNLOAD NOW!


Book Synopsis Review of the Adequacy of the Fund's Precautionary Balances by : International Monetary Fund

Download or read book Review of the Adequacy of the Fund's Precautionary Balances written by International Monetary Fund and published by International Monetary Fund. This book was released on 2016-01-26 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper reviews the adequacy of the Fund’s precautionary balances, using the framework approved by the Board in 2010. The review takes place on the standard two-year cycle. The paper discusses developments since the last review in 2014 and revisits several issues discussed at that time. The framework provides an indicative range for the target for precautionary balances linked to credit outstanding, and allows for judgment in setting this target. A reserve coverage ratio of 20-30 percent draws on approaches in other IFIs, adapted to the circumstances of the Fund, and is a guide for determining the target. At the same time, Directors have emphasized the continued importance of judgment and Board discretion in light of a broad assessment of financial risks facing the Fund.

Fiscal Policy and Long-Term Growth

Download Fiscal Policy and Long-Term Growth PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1498344658
Total Pages : 257 pages
Book Rating : 4.4/5 (983 download)

DOWNLOAD NOW!


Book Synopsis Fiscal Policy and Long-Term Growth by : International Monetary Fund

Download or read book Fiscal Policy and Long-Term Growth written by International Monetary Fund and published by International Monetary Fund. This book was released on 2015-04-20 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper explores how fiscal policy can affect medium- to long-term growth. It identifies the main channels through which fiscal policy can influence growth and distills practical lessons for policymakers. The particular mix of policy measures, however, will depend on country-specific conditions, capacities, and preferences. The paper draws on the Fund’s extensive technical assistance on fiscal reforms as well as several analytical studies, including a novel approach for country studies, a statistical analysis of growth accelerations following fiscal reforms, and simulations of an endogenous growth model.