The Fund’s Income Position for FY 2023— Actual Outcome

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.
READ MORE...
Volume/Issue: Volume 2023 Issue 049
Publication date: November 2023
ISBN: 9798400258824
$5.00
Add to Cart by clicking price of the language and format you'd like to purchase
Available Languages and Formats
paperback else
pdf else
epub else
English
Prices in red indicate formats that are not yet available but are forthcoming.
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.

Economics- Macroeconomics , Money and Monetary Policy , Political Economy , Income Position , Lending Income , Investment Income , Expenditures , Precautionary Balances , Pension , Reimbursement , IMF's FY , transparency policy , weighted average FY , Gra net income , interest income , pension cost , Income , Budget planning and preparation , Financial statements

Summary

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.