Download or read book FY2024 Budget Outturn written by International Monetary Fund. Office of Budget and Planning and published by International Monetary Fund. This book was released on 2024-08-09 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper presents highlights from the FY 2024 budget, followed by a discussion of outputs based on the Fund Thematic Categories and of inputs.

Download or read book FY2024 FY2026 Medium Term Budget written by International Monetary Fund. Office of Budget and Planning and published by International Monetary Fund. This book was released on 2023-06-02 with total page 65 pages. Available in PDF, EPUB and Kindle. Book excerpt: FY2024-FY2026 Medium-Term Budget

Download or read book FY 2022 FY 2024 Medium Term Budget written by International Monetary and published by International Monetary Fund. This book was released on 2021-05-27 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt: Amidst the unfolding COVID-19 crisis, the Fund faces twin challenges. Signs of early crisis recovery are uneven across countries, and many face daunting crisis legacies. At the same time, longer term challenges from climate change, digitalization and increasing divergence within and between countries demand stepped up effort by the Fund within its areas of expertise and in partnership with others. FY 22-24 budget framework. Considering these challenges and following a decade of flat real budgets, staff will propose a structural augmentation for consideration by fall 2021 to be implemented over two to three years beginning in FY 23. Recognizing the importance of ongoing fiscal prudence, the budget would remain stable thereafter on a real basis at a new, higher level. FY 22 administrative budget. The proposed FY 22 budget sustains crisis response and provides incremental resources for long-term priorities within the flat real budget envelope. The budget is built on extensive reprioritization; savings, including from modernization; and a proposed temporary increase in the carry forward ceiling to address crisis needs during the FY 22 to FY 24 period. Capital budget. Large-scale business modernization programs continue to be rolled out, strengthening the agility and efficiency of the Fund’s operations. In response to the shift towards cloud-based IT solutions, staff propose a change in the budgetary treatment of these expenses. Investment in facilities will focus on timely updates, repairs, and modernization, preparing for the post-crisis Fund where virtual engagement and a new hybrid office environment play a larger role. Budget sustainability. The FY 22–24 medium-term budget framework, including assumptions for a material augmentation, is consistent with a projected surplus in the Fund’s medium-term income position and with continued progress towards the precautionary balance target for coming years. Budget risks. In the midst of a global crisis, risks to the budget remain elevated and above risk acceptance levels, including from uncertainty around the level of demand for Fund programs and ensuing staffing needs, as well as future donor funding for CD. Enterprise risk management continues to be strengthened with this budget.

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.

Download or read book Australia written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2024-01-18 with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt: Australia’s post-pandemic recovery remained strong. However, growth is weakening on the heels of tighter macroeconomic policies and financial conditions. While inflation has peaked, it remains persistently high. Labor market shows signs of easing, and the positive output gap is narrowing. Increased cost of living started to weigh on household consumption. The economy remains resilient in the near term but confronts a secular productivity slowdown. Financial stability risks remain contained although pockets of vulnerability exist and risks of spillovers from global financial conditions have increased since the last Article IV.

Download or read book The Fund s Income Position for FY 2023 Actual Outcome written by International Monetary Fund. Finance Dept. and published by International Monetary Fund. This book was released on 2023-11-17 with total page 9 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper reports on the Fund’s income position for FY 2023 following the closing of the Fund’s accounts for the financial year and completion of the external audit. Overall net income of the General Department was SDR 1.7 billion, SDR 0.1 billion lower than estimated in April, mainly reflecting a decrease in the remeasurement gain reported under IAS 19 (the accounting standard for employee benefits) offset partly by higher-than-anticipated returns from the investment subaccounts compared with earlier projections.

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.

Download or read book Haiti written by International Monetary Fund. Western Hemisphere Dept. and published by International Monetary Fund. This book was released on 2023-08-30 with total page 57 pages. Available in PDF, EPUB and Kindle. Book excerpt: Haiti faces a challenging macroeconomic outlook amid a dire humanitarian crisis. The country has been hit hard by the economic spillovers from Russia's invasion of Ukraine, with food price inflation triggering a hunger crisis. This global shock has been compounded by a highly volatile security situation, which has heightened the economy's fragility, hampered activity, and generated supply-side bottlenecks which have further fueled inflation. The flash floods which hit the country in early June caused loss of life and damage to key infrastructure. Risks to the outlook remain substantial.

Download or read book Liberia written by International Monetary Fund. African Dept. and published by International Monetary Fund. This book was released on 2019-06-19 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt: Liberia remains a fragile, post-conflict country with weak capacity and limited physical and human capital accumulation. External assistance to Liberia is winding down from its peak in 2016. To address pressing needs, the government launched its Pro-Poor Agenda for Prosperity and Development (PAPD), focusing on physical and human capital accumulation. Policy uncertainty and slippages, however, imposed a significant toll on the economy over the past two years. Particularly, higher fiscal deficits and accommodative monetary policy have led to rapid depreciation of the Liberia dollar and increased inflation, eroding the purchasing power of the poor.

Download or read book International Monetary Fund Annual Report 2023 written by International Monetary Fund. Secretary's Department and published by International Monetary Fund. This book was released on 2023-09-28 with total page 77 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 2023 IMF Annual Report highlights the IMF’s work to support its members to address successive shocks, including Russia’s war on Ukraine, inflation, debt vulnerabilities, inequality food insecurity, geoeconomic fragmentation, climate change, and digitalization. In FY 2023, the Fund continued to support its members in our three core areas: 1) Economic surveillance: 126 country health checks completed.2) Lending: $74 billion to 36 countries, including about $11 billion to 21 low-income countries, for a total of $294 billion to 96 countries since the start of the pandemic. 3) Capacity development: $337 million for hands-on technical advice, policy-oriented training, and peer learning. The report is also available in Arabic, Chinese, French, German, Japanese, Portuguese, Russian, and Spanish. Note: The 2023 IMF Annual Report covers the activities of the Executive Board and IMF management and staff during the financial year May 1, 2022, through April 30, 2023, and in some cases more recently. Background: The Annual Report website includes the IMF’s financial statements for FY 2023 and other background documentation. The Annual Report and the financial statements are also available online at www.imfbookstore.org or www.elibrary.IMF.org

Download or read book FY2023 FY2025 Medium Term Budget written by International Monetary and published by International Monetary Fund. This book was released on 2022-05-27 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: FY2023-FY2025 Medium-Term Budget

Download or read book Review of the Fund s Income Position for FY2023 and FY2024 written by International Monetary Fund. Finance Dept. and published by International Monetary Fund. This book was released on 2023-06-16 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper updates the projections of the Fund’s income position for FY 2023 and FY 2024 and proposes related decisions for the current and next financial year. The paper also includes a proposed decision to keep the margin for the rate of charge unchanged for financial year 2024. The Fund’s overall net income for FY 2023 is projected at about SDR 1.8 billion, slightly lower than the April 2022 estimate.

Download or read book Australia written by International Monetary and published by International Monetary Fund. This book was released on 2023-02 with total page 87 pages. Available in PDF, EPUB and Kindle. Book excerpt: A strong post-pandemic recovery and favorable terms of trade have led Australia to a stronger cyclical position than most advanced economies. Tight labor markets reflect the strength of the recovery with labor and skills shortages, although wage growth has remained more subdued than in many other advanced economies. Inflation has risen to significantly above target, prompting decisive monetary policy tightening. Financial conditions have since tightened, and housing prices started declining from their peak.

Download or read book Nepal written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2024-07-15 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt: Subdued economic activity has helped strengthen the external position and ease inflation. Growth is expected to rebound to 4.9 percent in FY2024/25, supported by further expansion in hydropower generation and a higher execution rate of public capital expenditure. Inflation is expected to remain within the authorities’ target ceiling of 5.5 percent. Non-performing loans have risen, bank profitability has weakened, and the financial health of savings and credit cooperatives (SACCOs) has deteriorated.

Download or read book Arab Republic of Egypt written by International Monetary Fund. Middle East and Central Asia Dept. and published by International Monetary Fund. This book was released on 2024-08-26 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: Policy actions taken in March as part of a strengthened program package, including unification of the exchange rate and a significant increase in the policy rate, combined with the augmentation of the Extended Fund Facility (EFF) Arrangement, the recent investment deal with Abu Dhabi Development Holding Company (ADQ) and the announcement of financing from the European Union, the World Bank, and other international partners, improved FX liquidity and helped restore confidence. Inflation has started to fall, though remains elevated, and there are signs that the three-and-a-half-year contraction of private sector activity is reversing.

Download or read book Updated Framework on The Dissemination of Capacity Development Information written by International Monetary Fund and published by International Monetary Fund. This book was released on 2022-02-02 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: The IMF’s capacity development (CD) information dissemination policy needs to adapt to a new landscape. The Fund is providing more CD and producing greater and more diverse types of CD-related information. Meanwhile, the external landscape has also evolved, as members, partners, and other CD providers increasingly expect greater transparency and access to information. This paper sets out envisaged reforms to further widen the dissemination and publication of CD information.

Download or read book The Bahamas Selected Issues written by International Monetary and published by International Monetary Fund. This book was released on 2022-05-09 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Bahamas: Selected Issues