The Fund’s Income Position for FY 2023— Actual Outcome
November 17, 2023
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This paper reports on the Fund’s income position for FY 2023 following the closing of the Fund’s accounts for the financial year and completion of the external audit. Overall net income of the General Department was SDR 1.7 billion, SDR 0.1 billion lower than estimated in April, mainly reflecting a decrease in the remeasurement gain reported under IAS 19 (the accounting standard for employee benefits) offset partly by higher-than-anticipated returns from the investment subaccounts compared with earlier projections.
Subject: Budget planning and preparation, Financial statements, Income, Monetary policy, National accounts, Political economy, Public financial management (PFM)
Keywords: Budget planning and preparation, Expenditures, Financial statements, Gra net income, IMF's FY, Income, Income Position, interest income, Investment Income, Lending Income, Pension, pension cost, Precautionary Balances, Reimbursement, transparency policy, weighted average FY
Pages:
9
Volume:
2023
DOI:
Issue:
049
Series:
Policy Paper No. 2023/049
Stock No:
PPEA2023049
ISBN:
9798400258824
ISSN:
2663-3493
