Download or read book Review of the Fund s Income Position for FY 2009 and FY 2010 written by International Monetary Fund. Finance Dept. and published by International Monetary Fund. This book was released on 2009-04-14 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper reviews the Fund’s income position for FY 2009 and FY 2010. The proposals build on previous discussions relating to implementation of the new income model, the framework for accumulating precautionary balances, and the recent reform of the Fund’s lending toolkit. The paper is structured as follows: Section II reviews the income position for FY 2009 and explains the main changes from the projections at the midyear review; Section III makes proposals that pertain to the FY 2009 income position, including the disposition of investment income, the overall income position of the General Resources Account (GRA), and the annual reimbursement of the GRA for the expenses of conducting the business of the SDR Department and the MDRI-I Trust; Section IV reviews the FY 2010 income outlook, including the margin for the rate of charge; Section V reviews the burden sharing mechanism; and Section VI reviews special charges.

Download or read book The Fund s Income Position for FY 2010 Midyear Review written by International Monetary Fund. Finance Dept. and published by International Monetary Fund. This book was released on 2009-07-12 with total page 14 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper updates the outlook for the Fund's income position for FY 2010, taking into account developments in the first half of the financial year. The FY 2010 income outlook has improved relative to the baseline projections at the beginning of the year,1 mainly as a result of the combination of higher projected lending income, and lower expenditures, in SDR terms, reflecting the depreciation of the U.S. dollar and a projected underrun in the budget. Net operational income for FY 2010 is projected at about SDR 440 million compared with the previous baseline projection of SDR 290 million in April 2009. However, the actual outcome is subject to considerable uncertainty related to the timing and amounts of disbursements under current and potential new arrangements and the performance of the Investment Account.

Download or read book Review of the Fund s Income Position for FY 2010 and FY 2011 written by International Monetary Fund. Strategy, Policy, & Review Department and published by International Monetary Fund. This book was released on 2010-04-23 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: Securing the recovery. The global recovery has been better than expected. The WEO projections see global output expanding by about 41⁄4 percent in 2010 and 2011. Extraordinary and coordinated policy intervention since the crisis has all but eliminated the risk of another Great Depression, laying the foundation for recovery. Nevertheless, the recovery is proceeding at varying speeds—it is tepid and policy-dependent in many advanced economies, but solid in most emerging and developing economies.

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

Download or read book The Fund s Income Position for FY 2010 Actual Outcome written by International Monetary Fund. Finance Dept. and published by International Monetary Fund. This book was released on 2010-11-08 with total page 6 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents the Fund’s net income outcome for FY 2010. The actual outcomes in this paper follow the closing of the Fund’s accounts for the financial year and completion of the FY 2010 external audit conducted by Deloitte & Touche, the Fund’s external auditor. The paper also provides an update on the restructuring costs incurred during FY 2010.

Download or read book Review of the Fund s Income Position for FY2008 and FY2009 written by International Monetary Fund. Finance Dept. and published by International Monetary Fund. This book was released on 2008-04-14 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides the basis for the annual review of the Fund’s income position, including a review of the system of special charges. The paper also sets out proposed decisions relating to the Fund’s income position for FY 2008 and FY 2009. The review takes account of the recent discussions in the Executive Board on the new income model for the Fund. The paper is structured as follows: Section II reviews the Fund’s FY 2008 income position, provides an explanation of key variances from projections, and discusses the impact of restructuring costs on the income position; Section III makes proposals for the disposition of investment income and the General Resources Account (GRA) income position; Section IV outlines updated projections and proposes a margin for the rate of charge for FY 2009; Section V provides an update on the burden sharing mechanism; and Section VI reviews special charges.

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.

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.

Download or read book Review of the Fund s Income Position for FY 2012 and FY 2013 14 written by International Monetary Fund. Finance Dept. and published by International Monetary Fund. This book was released on 2012-12-04 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper reviews the Fund’s income position for FY 2012 and FY 2013?14.1 The paper updates projections provided at the FY 2012 midyear review and proposes decisions for the current and next two financial years. These decisions include setting the margin for the rate of charge under the new Rule I-6(4) that the Executive Board adopted in December 2011.2 The new rule is based on principles endorsed by the Executive Board in April 2008 and that have guided decisions on setting the margin since FY 2009. Section II reviews the FY 2012 income position and main changes from the midyear projections; Section III makes proposals on the disposition of net income, and placement to reserves; Section IV discusses the margin on the rate of charge for FY 2013?14, the income outlook for that period, and projected burden sharing adjustments; and Section V reviews special charges.

Download or read book Review of the Fund s Income Position for FY2007 and FY200 written by International Monetary Fund and published by International Monetary Fund. This book was released on 2007-09-04 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: The review of income for the year ended April 30, 2007 (FY07) builds on the midyear income review and the February 2007 meeting of the Committee on the Budget

Download or read book Review of The Fund s Income Position for FY 2021 and FY 2022 written by International Monetary Fund and published by International Monetary Fund. This book was released on 2021-05-28 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper updates the projections of the Fund’s income position for FY 2021 and FY 2022 and proposes decisions for the current and next financial year. The Fund’s overall net income for FY 2021 is projected at about SDR 4.1 billion, higher than both the interim estimate of SDR 3.2 billion and the April 2020 estimate.

Download or read book Review of the Fund s Income Position for FY 2014 and FY 2015 2016 written by International Monetary Fund and published by International Monetary Fund. This book was released on 2014-07-04 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: FY 2014 net income, including surcharges, is projected at SDR 2.7 billion. Lending income remains high, while investment income continues to be constrained by the historically low global interest rates.

Download or read book The Fund s Income Position for FY2007 Midyear Review written by International Monetary Fund. Legal Dept. and published by International Monetary Fund. This book was released on 2006-07-12 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: In March and April this year, Executive Directors had wide-ranging discussions on the Fund’s income outlook, which has changed significantly following the recent sharp decline in credit outstanding. Directors supported the proposal for a two-pronged strategy that would involve, first, immediate steps to address the projected income shortfall in FY2007 under current policies and within the framework of the FY2007 budget and, second, development of a broader work plan on the options to ensure a stable and sustainable income base.

Download or read book Selected Decisions and Selected Documents of the International Monetary Fund written by International Monetary Fund and published by International Monetary Fund. This book was released on 2011-04-27 with total page 1017 pages. Available in PDF, EPUB and Kindle. Book excerpt: Selected Decisions and Selected Documents of the International Monetary Fund includes decisions, interpretations, and resolutions of the Executive Board and Board of Governors of the IMF, as well as selected documents to which frequent reference is made in the current activities of the Fund. In addition, it includes certain documents pertaining to the relations between the Fund and other international organizations.

Download or read book A New Rule for Setting the Margin for the Basic Rate of Charge written by International Monetary Fund. Finance Dept. and published by International Monetary Fund. This book was released on 2011-11-22 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: In April 2008, the Executive Board adopted a package of measures to reform the Fund’s income model. This followed an intensive work program building on the recommendations of an independent committee appointed by the Managing Director to study options for sustainable long-term financing for the Fund. The resulting new income model aims to broaden the Fund’s income sources and reduce its reliance on lending income as the primary source of revenue. This new model includes: (i) creating an endowment funded with the profits from a limited sale of the Fund’s gold holdings; (ii) expanding the Fund’s investment authority to enhance the expected return on the Fund’s investments; and (iii) resuming the practice of reimbursing the General Resources Account (GRA) for the cost of administering the PRG Trust

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 Commerce Justice Science and Related Agencies Appropriations for 2010 Part 7 2009 111 1 Hearings written by and published by . This book was released on 2009 with total page 868 pages. Available in PDF, EPUB and Kindle. Book excerpt: