## Update on Finances and Operations – Phase I

## Source details

**Canonical URL:** [Update on Finances and Operations – Phase I](https://www.imf.org/-/media/files/capacity-developement/d4d/june-2024/07-d4d-fund-financials-phase-i.pdf)

## Other formats

- [Markdown version](/-/media/files/capacity-developement/d4d/june-2024/07-d4d-fund-financials-phase-i.pdf.md)
- [Structured JSON version](/-/media/files/capacity-developement/d4d/june-2024/07-d4d-fund-financials-phase-i.pdf.json)

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### Partner Contributions (Phase I, FY2019-24)
- Partners signed contribution agreements of US$31.7 million.
- A “technical” shortfall of $1.4 million against the program budget of $33.1 million remains.
- More than 98 percent of signed contributions, US$31.2 million, have been received.

### Budget Execution (FY2019-2024)
- Total execution against approved budget, as of April 30, 2024: 82%.
- Execution has remained steady after the post-pandemic recovery, reflecting the general pattern across the entire Fund CD delivery landscape.
- Module-level execution (visualized as percent of budget executed):
  - Module 1 - Addressing Data Needs and Quality Concerns: (component of overall execution toward 82%)
  - Module 2 - Financial Access Survey: (component of overall execution toward 82%)
  - Module 3 - Online Learning: (component of overall execution toward 82%)
  - Module 4 - Statistical Information Management: (component of overall execution toward 82%)
  - Total: 82%

### Proposed Indicative Budget by Module (As of May 1, 2024) — FY2019-26, Activities extend to May-June 2025
- Notes: Activities under the workplan extend to first two months of FY2026 (May-June 2025). New Workplan Budget Requested. Latest Budget Approved FY19-FY25:Q2 (A); Expenses FY19-24 FY25 (Q3-Q4)+ May-Jun 2025 (B); New Budget To Be Approved FY19-FY25:Q4 (A+B).

- Module 1: Addressing Data Needs and Quality Concerns
  - Latest Budget Approved FY19-FY25:Q2 (A): 16,548,063
  - Expenses FY19-24 FY25 (Q3-Q4)+ May-Jun 2025 (B): 14,491,522
  - FY25 (Q3-Q4)+ May-Jun 2025: 1,143,742
  - New Budget To Be Approved FY19-FY25:Q4 (A+B): 17,691,805

- Module M1: Submodule Real Sector Statistics
  - Latest Budget Approved FY19-FY25:Q2 (A): 6,038,954
  - Expenses FY19-24 FY25 (Q3-Q4)+ May-Jun 2025 (B): 5,158,222
  - FY25 (Q3-Q4)+ May-Jun 2025: 407,019
  - New Budget To Be Approved FY19-FY25:Q4 (A+B): 6,445,973

- Module M1: Submodule External Sector Statistics
  - Latest Budget Approved FY19-FY25:Q2 (A): 4,599,429
  - Expenses FY19-24 FY25 (Q3-Q4)+ May-Jun 2025 (B): 4,015,573
  - FY25 (Q3-Q4)+ May-Jun 2025: 283,360
  - New Budget To Be Approved FY19-FY25:Q4 (A+B): 4,882,789

- Module M1: Submodule Fiscal and Debt Reporting
  - Latest Budget Approved FY19-FY25:Q2 (A): 5,617,615
  - Expenses FY19-24 FY25 (Q3-Q4)+ May-Jun 2025 (B): 5,092,438
  - FY25 (Q3-Q4)+ May-Jun 2025: 453,363
  - New Budget To Be Approved FY19-FY25:Q4 (A+B): 6,070,978

- Ad-hoc Advisory Services
  - Latest Budget Approved FY19-FY25:Q2 (A): 292,065
  - Expenses FY19-24 FY25 (Q3-Q4)+ May-Jun 2025 (B): 225,290
  - FY25 (Q3-Q4)+ May-Jun 2025: - 
  - New Budget To Be Approved FY19-FY25:Q4 (A+B): 292,065

- Module 2: Financial Access Survey
  - Latest Budget Approved FY19-FY25:Q2 (A): 3,587,679
  - Expenses FY19-24 FY25 (Q3-Q4)+ May-Jun 2025 (B): 3,033,129
  - FY25 (Q3-Q4)+ May-Jun 2025: 35,450
  - New Budget To Be Approved FY19-FY25:Q4 (A+B): 3,623,129

- Module 3: Online Learning
  - Latest Budget Approved FY19-FY25:Q2 (A): 7,402,281
  - Expenses FY19-24 FY25 (Q3-Q4)+ May-Jun 2025 (B): 5,670,842
  - FY25 (Q3-Q4)+ May-Jun 2025: 9,530
  - New Budget To Be Approved FY19-FY25:Q4 (A+B): 7,411,811

- Module 4: Statistical Information Management
  - Latest Budget Approved FY19-FY25:Q2 (A): 662,365
  - Expenses FY19-24 FY25 (Q3-Q4)+ May-Jun 2025 (B): 240,656
  - FY25 (Q3-Q4)+ May-Jun 2025: - 
  - New Budget To Be Approved FY19-FY25:Q4 (A+B): 662,365

- Program Manager
  - Latest Budget Approved FY19-FY25:Q2 (A): 1,462,686
  - Expenses FY19-24 FY25 (Q3-Q4)+ May-Jun 2025 (B): 1,346,914
  - FY25 (Q3-Q4)+ May-Jun 2025: 135,918
  - New Budget To Be Approved FY19-FY25:Q4 (A+B): 1,598,604

- Sub total
  - Latest Budget Approved FY19-FY25:Q2 (A): 29,663,073
  - Expenses FY19-24 FY25 (Q3-Q4)+ May-Jun 2025 (B): 24,783,064
  - FY25 (Q3-Q4)+ May-Jun 2025: 1,324,640
  - New Budget To Be Approved FY19-FY25:Q4 (A+B): 30,987,713

- Governance and Evaluation
  - Latest Budget Approved FY19-FY25:Q2 (A): 351,926
  - Expenses FY19-24 FY25 (Q3-Q4)+ May-Jun 2025 (B): 159,590
  - FY25 (Q3-Q4)+ May-Jun 2025: (167,336)
  - New Budget To Be Approved FY19-FY25:Q4 (A+B): 184,590

- TF Management Fee (7%)
  - Latest Budget Approved FY19-FY25:Q2 (A): 2,101,050
  - Expenses FY19-24 FY25 (Q3-Q4)+ May-Jun 2025 (B): 1,745,986
  - FY25 (Q3-Q4)+ May-Jun 2025: 81,011
  - New Budget To Be Approved FY19-FY25:Q4 (A+B): 2,182,061

- Total
  - Latest Budget Approved FY19-FY25:Q2 (A): 32,116,049
  - Expenses FY19-24 FY25 (Q3-Q4)+ May-Jun 2025 (B): 26,688,640
  - FY25 (Q3-Q4)+ May-Jun 2025: 1,238,315
  - New Budget To Be Approved FY19-FY25:Q4 (A+B): 33,354,365

### Cash Flow Projections / Liquidity (As of April 30, 2024)
- Figures presented in Million of US Dollars.
- FY 2025 projected outflows represent indicative budget per work plan. Expenses for FY 2025 include two months of FY 2026 through June 2025.
- Total Net Inflows = Total Net Received Contributions + Regular Transfers - Return to Donors.

### Closing
- Slide thanked audience and opened for Q & A.

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_Source: https://www.imf.org/-/media/files/capacity-developement/d4d/june-2024/07-d4d-fund-financials-phase-i.pdf_