## A New Rule for Setting the Margin for the Basic Rate of Charge

_Policy Papers, November 22, 2011_

## Source details

**Canonical URL:** [A New Rule for Setting the Margin for the Basic Rate of Charge](https://www.imf.org/en/publications/policy-papers/issues/2016/12/31/a-new-rule-for-setting-the-margin-for-the-basic-rate-of-charge-pp4622)

## Other formats

- [Markdown version](/en/publications/policy-papers/issues/2016/12/31/a-new-rule-for-setting-the-margin-for-the-basic-rate-of-charge-pp4622/index.md)
- [Structured JSON version](/en/publications/policy-papers/issues/2016/12/31/a-new-rule-for-setting-the-margin-for-the-basic-rate-of-charge-pp4622/index.json)
- [Bundle manifest](/en/publications/policy-papers/issues/2016/12/31/a-new-rule-for-setting-the-margin-for-the-basic-rate-of-charge-pp4622/bundle-manifest.json)

## Bibliographic details
- Published: November 22, 2011
- Series: Policy Papers

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### Context and background
- In April 2008, the Executive Board adopted a package of measures to reform the Fund’s income model.
- The reform built on recommendations of an independent committee appointed by the Managing Director to study options for sustainable long-term financing for the Fund.
- The new income model aims to broaden the Fund’s income sources and reduce reliance on lending income as the primary source of revenue.

### Components of the new income model
- Creating an endowment funded with the profits from a limited sale of the Fund’s gold holdings.
- Expanding the Fund’s investment authority to enhance the expected return on the Fund’s investments.
- Resuming the practice of reimbursing the General Resources Account (GRA) for the cost of administering the PRG Trust.

### Publication and metadata
- Publication title: A New Rule for Setting the Margin for the Basic Rate of Charge
- Publication date shown: November 22, 2011
- Format note: Web landing page referencing a downloadable PDF.
- Subject tags as listed: Amendments to Rules and Regulations, Executive Board decisions, Rate of charge, Rule I-6(4)

### Related platform information
- The IMF eLibrary is noted to offer over 25,000 IMF publications in multiple formats.
- An IMF Publications Newsletter is available for subscription to receive "Latest economic research and insights delivered to your inbox each month."

*International Monetary Fund — A New Rule for Setting the Margin for the Basic Rate of Charge (web landing page), accessed 9/16/2026*

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## Content in this bundle

- **A New Rule for Setting the Margin for the Basic Rate of Charge; IMF Policy Paper; November 22, 2011**
  - [A New Rule for Setting the Margin for the Basic Rate of Charge; IMF Policy Paper; November 22, 2011 (Markdown version)](/-/media/websites/imf/imported-full-text-pdf/external/np/pp/eng/2011/_112211.pdf.md){rel="alternate" type="text/markdown"}
  - [A New Rule for Setting the Margin for the Basic Rate of Charge; IMF Policy Paper; November 22, 2011 (PDF)](/-/media/websites/imf/imported-full-text-pdf/external/np/pp/eng/2011/_112211.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/policy-papers/issues/2016/12/31/a-new-rule-for-setting-the-margin-for-the-basic-rate-of-charge-pp4622_