Policy Papers

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

Publication Date:

May 10, 2024

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

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.

Series:

Policy Paper No. 2024/025

Subject:

Budget planning and preparation Credit Discount rates Financial services Income Monetary policy Money National accounts Political economy Public financial management (PFM) SDR interest rate

Frequency:

occasional