Review of the Fund’s Income Position for FY2023 and FY2024

Review of the Fund’s Income Position for FY2023 and FY2024
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Volume/Issue: Volume 2023 Issue 026
Publication date: June 2023
ISBN: 9798400246159
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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Banks and Banking , Economics- Macroeconomics , Money and Monetary Policy , Political Economy , Income Position , Lending Income , Investment Income , Expenditures , Margin for the Rate of Charge , Reserve Accumulation , Precautionary Balances , Pension , Provisioning , Payout , Reimbursement , GRA FY , end FY , transparency policy , retirement plan obligation , income outlook , Income , SDR interest rate , Reserves accumulation , Discount rates , Credit risk , Global

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Summary

This paper updates the projections of the Fund’s income position for FY 2023 and FY 2024 and proposes related decisions for the current and next financial year. The paper also includes a proposed decision to keep the margin for the rate of charge unchanged for financial year 2024. The Fund’s overall net income for FY 2023 is projected at about SDR 1.8 billion, slightly lower than the April 2022 estimate.

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