Policy Papers

FY2017-FY2019 Medium-Term Budget

March 25, 2016

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FY2017-FY2019 Medium-Term Budget, (USA: International Monetary Fund, 0) accessed October 7, 2024

Summary

The net administrative budget for FY2017 has been set at US$1,072.5 million. After four years of zero real growth, the FY 2017 budget includes an increase of ½ percent in constant dollar terms to cover the institution’s rising IT and physical security costs, as well as a small adjustment for increases in the salary structure and in the costs of non-personnel expenses. The budget envelope also entails reallocation measures of 1.5 percent of resources and institution-wide savings to meet new high priority tasks and commitments to the membership. The FY2017 capital budget, set at US$60.5 million, provides financing for new capital projects for building facilities and IT.

Subject: Budgeting, Financial year, Fund administrative budget, Fund budget, Fund capital budget, Resource allocation

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