Author : International Monetary Fund. Finance Dept.
Publisher : International Monetary Fund
Page : 40 pages
File Size : 47,29 MB
Release : 2011-07-04
Category : Business & Economics
ISBN : 1498339050
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.
Author : International Monetary Fund. Finance Dept.
Publisher : International Monetary Fund
Page : 40 pages
File Size : 15,15 MB
Release : 2012-12-04
Category : Business & Economics
ISBN : 1498340709
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.
Author : International Monetary Fund. Finance Dept.
Publisher : International Monetary Fund
Page : 11 pages
File Size : 27,3 MB
Release : 2011-05-12
Category : Business & Economics
ISBN : 1498338178
This paper updates the outlook for the Fund’s income position for FY 2012. The overall outlook is broadly unchanged, with the FY 2012 net operational income now projected at SDR 500 million compared with the projection of SDR 482 million in April 2011. This primarily reflects additional lending activity, which is partially offset by lower implicit returns on the Fund’s interest-free resources owing to the prevailing interest rate environment.1 The actual outcome is subject to considerable uncertainty in light of conditions in the global economy, which could affect the timing and amounts of disbursements under current and potential new arrangements and the performance of the Investment Account (IA).
Author : International Monetary Fund. Finance Dept.
Publisher : International Monetary Fund
Page : 11 pages
File Size : 18,63 MB
Release : 2010-06-12
Category : Business & Economics
ISBN : 1498336493
This paper updates the outlook for the IMF’s income position for the financial year 2011 taking into account developments in the first half of the year. The outlook has improved primarily reflecting additional lending activity, which raised the projected average credit outstanding in FY 2011 by about SDR 3 billion to SDR 54 billion. Net operational income for FY 2011 is projected at SDR 328 million, some SDR 126 million higher than the projection in April 2010.1 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 (IA).
Author : International Monetary Fund. Strategy, Policy, & Review Department
Publisher : International Monetary Fund
Page : 39 pages
File Size : 20,68 MB
Release : 2010-04-23
Category : Business & Economics
ISBN : 149833752X
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.
Author : International Monetary Fund. Finance Dept.
Publisher : International Monetary Fund
Page : 33 pages
File Size : 35,17 MB
Release : 2009-04-14
Category : Business & Economics
ISBN : 1498336078
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.
Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 76 pages
File Size : 25,24 MB
Release : 2012-10-04
Category : Business & Economics
ISBN : 1475511310
The IMF's 2012 Annual Report chronicles the response of the Fund's Executive Board and staff to the global financial crisis and other events during financial year 2012, which covers the period from May 1, 2011, through April 30, 2012. The print version of the Report is available in eight languages (Arabic, Chinese, English, French, German, Japanese, Russian, and Spanish), along with a CD-ROM (available in English only) that includes the Report text and ancillary materials, including the Fund's Financial Statements for FY2012.
Author : International Monetary Fund. Finance Dept.
Publisher : International Monetary Fund
Page : 5 pages
File Size : 45,27 MB
Release : 2012-08-30
Category : Business & Economics
ISBN : 1498339921
This paper presents the Fund’s net income for FY 2012. The actual outcome reported in this paper follows the closing of the Fund’s accounts for the financial year and completion of the FY 2012 external audit conducted by Deloitte & Touche, the Fund’s external auditor.
Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 48 pages
File Size : 45,98 MB
Release : 2014-07-04
Category : Business & Economics
ISBN : 1498343511
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.
Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 1074 pages
File Size : 24,45 MB
Release : 2012-06-30
Category : Business & Economics
ISBN : 1475549717
The Thirty-Sixth Issue of Selected Decisions and Selected Documents of the International Monetary Fund includes decisions, interpretations, and resolutions of the Executive Board and the Board of Governors of the IMF, as well as selected documents relevant to the current activities of the Fund.
