FY2015 Administrative and Capital Expenses and Output Cost Estimates
Policy Papers, August 5, 2015
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- FY2015 Administrative and Capital Expenses and Output Cost Estimates
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Bibliographic details
- Published: August 5, 2015
- Series: Policy Papers
Administrative expenditure outturn
- Fiscal year: FY2015
- Overall budget utilization rate: 98 percent
- Main drivers:
- Continued budget discipline within an unchanged envelope
- New demands and initiatives accommodated through reprioritization and better use of existing resources
- More efficient personnel management practices
- Effective reallocation of resources from underutilized areas to areas of emerging pressure
Outputs and resource allocation
- Fund focus:
- Addressing global policy challenges
- Reducing vulnerabilities
- Changes in resource allocation:
- Resources allocated to multilateral surveillance, oversight of the global systems and capacity development increased
- Bilateral surveillance and lending declined moderately, in line with easing of crisis-related work
- Country-level spending reflects a continued shift towards a more risk-based approach, consistent with established priorities
Capital expenditures
- Main components:
- Major renovation of the HQ1 building
- Improvements in information technology infrastructure and security
- Purpose:
- Better support staff work
- Protect information assets
Publication metadata and themes
- Publication date on page: August 5, 2015
- Subjects listed: Financial year; Fund administrative budget; Fund capital budget; Information technology; Office space; Personnel; Security arrangements; Travel
Source: FY2015 Administrative and Capital Expenses and Output Cost Estimates (IMF web landing page).