The Fund's Income Position for FY 2021 - Actual Outcome

International Monetary Fund

No 2021/069, IMF Policy Papers from International Monetary Fund

Abstract: This paper reports on the Fund’s income position for FY 2021 following the closing of the Fund’s accounts for the financial year and completion of the external audit. Overall FY 2021 net income amounted to SDR 4.8 billion or SDR 0.7 billion higher than estimated in April, mainly reflecting a larger than anticipated gain reported under IAS 19 (the accounting standard for employee benefits) and endowment returns exceeding earlier projections.

Keywords: : meeting FY; retirement plan obligation; income outlook; transparency policy; intermediation cost; Income; Pensions; Pension spending; Reserves accumulation; SDR interest rate; Global; IMF's FY; SDR billion; SDR million; about SDR; Financial statements; Budget planning and preparation (search for similar items in EconPapers)
Pages: 10
Date: 2021-11-24
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.imf.org/external/pubs/cat/longres.aspx?sk=509850 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:imf:imfpps:2021/069

Ordering information: This working paper can be ordered from
http://www.imf.org/external/pubs/pubs/ord_info.htm

Access Statistics for this paper

More papers in IMF Policy Papers from International Monetary Fund International Monetary Fund, Washington, DC USA. Contact information at EDIRC.
Bibliographic data for series maintained by Akshay Modi ().