Review of The Fund's Income Position for FY 2022 and FY 2023–2024

Review of The Fund's Income Position for FY 2022 and FY 2023–2024 PDF

Author: International Monetary

Publisher: International Monetary Fund

Published: 2022-05-27

Total Pages: 51

ISBN-13:

DOWNLOAD EBOOK →

This paper updates the projections of the Fund’s income position for FY 2022 and FY 2023–2024 and proposes related decisions for the current financial year. The paper also includes a proposed decision to set the margin for the rate of charge for financial years 2023 and 2024.

Review of the Fund’s Income Position for FY2023 and FY2024

Review of the Fund’s Income Position for FY2023 and FY2024 PDF

Author: International Monetary Fund. Finance Dept.

Publisher: International Monetary Fund

Published: 2023-06-16

Total Pages: 47

ISBN-13:

DOWNLOAD EBOOK →

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.

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

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

Author: International Monetary Fund. Finance Dept.

Publisher: International Monetary Fund

Published: 2024-05-10

Total Pages: 49

ISBN-13:

DOWNLOAD EBOOK →

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.

The Fund’s Income Position for FY 2023— Actual Outcome

The Fund’s Income Position for FY 2023— Actual Outcome PDF

Author: International Monetary Fund. Finance Dept.

Publisher: International Monetary Fund

Published: 2023-11-17

Total Pages: 9

ISBN-13:

DOWNLOAD EBOOK →

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.

Review of the Adequacy of the Fund’s Precautionary Balances

Review of the Adequacy of the Fund’s Precautionary Balances PDF

Author: International Monetary Fund. Finance Dept.

Publisher: International Monetary Fund

Published: 2024-04-04

Total Pages: 68

ISBN-13:

DOWNLOAD EBOOK →

On March 20, 2024, the IMF’s Executive Board reviewed the adequacy of the Fund’s precautionary balances. The review took place somewhat ahead of the standard two-year cycle, in view of the imminent attainment of the current indicative medium-term indicative target of SDR 25 billion for the first time. Precautionary balances comprise the Fund’s general and special reserves. They are a key element of the IMF’s multi-layered framework for managing financial risks. Precautionary balances provide a buffer to protect the Fund against potential losses, resulting from credit, income, and other financial risks. The review was based on the assessment framework established in 2010, which uses an indicative range for precautionary balances, linked to a forward-looking measure of total IMF non-concessional credit, to guide decisions on adjusting the medium-term target over time. While financial risks remain high, they are broadly unchanged from the last review, taking into account the further accumulation of reserves and strengthening of some risk mitigants. Against this background, Executive Directors broadly supported staff’s proposal to retain the current medium-term target of SDR 25 billion and increase the minimum floor from SDR 15 billion to SDR 20 billion. The Board also supported maintaining the biennial review cycle, with earlier reviews if warranted by developments that could materially affect the adequacy of precautionary balances.

The Fund’s Income Position for FY 2022—Actual Outcome

The Fund’s Income Position for FY 2022—Actual Outcome PDF

Author: International Monetary Fund. Finance Dept.

Publisher: International Monetary Fund

Published: 2022-12-16

Total Pages: 10

ISBN-13:

DOWNLOAD EBOOK →

This paper reports on the Fund’s income position for FY 2022 following the closing of the Fund’s accounts for the financial year and completion of the external audit.

Interim Review of The Adequacy of The Fund’s Precautionary Balances

Interim Review of The Adequacy of The Fund’s Precautionary Balances PDF

Author: International Monetary

Publisher: International Monetary Fund

Published: 2021-12-16

Total Pages: 51

ISBN-13: 1616357525

DOWNLOAD EBOOK →

Precautionary balances are a key element of the Fund’s multilayered framework to mitigate financial risks. Overall financial risks remain elevated but have not increased significantly since the last review. Staff proposes to leave the medium-term target of SDR 25 billion, and the minimum floor of SDR 15 billion, unchanged at this time. With the projected increase in lending income, the pace of reserve accumulation is expected to remain adequate relative to the medium-term indicative target. The paper also reviews policy factors discussed in recent Board meetings that affect the level and accumulation of reserves.

Circular No. A-11

Circular No. A-11 PDF

Author: Omb

Publisher:

Published: 2019-06-29

Total Pages: 534

ISBN-13: 9781077077607

DOWNLOAD EBOOK →

The June 2019 OMB Circular No. A-11 provides guidance on preparing the FY 2021 Budget and instructions on budget execution. Released in June 2019, it's printed in two volumes. This is Volume I. Your budget submission to OMB should build on the President's commitment to advance the vision of a Federal Government that spends taxpayer dollars more efficiently and effectively and to provide necessary services in support of key National priorities while reducing deficits. OMB looks forward to working closely with you in the coming months to develop a budget request that supports the President's vision. Most of the changes in this update are technical revisions and clarifications, and the policy requirements are largely unchanged. The summary of changes to the Circular highlights the changes made since last year. This Circular supersedes all previous versions. VOLUME I Part 1-General Information Part 2-Preparation and Submission of Budget Estimates Part 3-Selected Actions Following Transmittal of The Budget Part 4-Instructions on Budget Execution VOLUME II Part 5-Federal Credit Part 6-The Federal Performance Framework for Improving Program and Service Delivery Part7-Appendices Why buy a book you can download for free? We print the paperback book so you don't have to. First you gotta find a good clean (legible) copy and make sure it's the latest version (not always easy). Some documents found on the web are missing some pages or the image quality is so poor, they are difficult to read. If you find a good copy, you could print it using a network printer you share with 100 other people (typically its either out of paper or toner). If it's just a 10-page document, no problem, but if it's 250-pages, you will need to punch 3 holes in all those pages and put it in a 3-ring binder. Takes at least an hour. It's much more cost-effective to just order the bound paperback from Amazon.com This book includes original commentary which is copyright material. Note that government documents are in the public domain. We print these paperbacks as a service so you don't have to. The books are compact, tightly-bound paperback, full-size (8 1/2 by 11 inches), with large text and glossy covers. 4th Watch Publishing Co. is a HUBZONE SDVOSB. https: //usgovpub.com

Arab Republic of Egypt: 2021 Article IV Consultation, Second Review Under the Stand-By Arrangement-Press Release; Staff Report; and Statement by the Executive Director for the Arab Republic of Egypt

Arab Republic of Egypt: 2021 Article IV Consultation, Second Review Under the Stand-By Arrangement-Press Release; Staff Report; and Statement by the Executive Director for the Arab Republic of Egypt PDF

Author: International Monetary

Publisher: International Monetary Fund

Published: 2021-07-22

Total Pages: 108

ISBN-13: 1513592041

DOWNLOAD EBOOK →

The economic and social impact of the COVID-19 pandemic over the past year has been well-managed by the authorities. Timely and prudent fiscal and monetary easing shielded the economy from the full brunt of the crisis, while alleviating the health and social impact of the shock. Sound economic policies helped deliver macroeconomic stabilization, safeguard debt sustainability, and preserve investor confidence. While growth is expected to rebound in FY2021/22, the outlook is still clouded by uncertainty related to the pandemic and the pace of vaccinations. High public debt and large gross financing needs leave Egypt vulnerable to external shocks or changes in financial market conditions for EMs. Near-term fiscal and monetary policies should thus continue to support the recovery without accumulating undue imbalances.