The Fund's Income Position for FY 2012--Midyear Review

December 5, 2011

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Format: Chicago

The Fund's Income Position for FY 2012--Midyear Review, (USA: International Monetary Fund, 0) accessed November 21, 2024

Summary

This paper updates the outlook for the Fund’s income position for FY 2012. The overall outlook is broadly unchanged, with the FY 2012 net operational income now projected at SDR 500 million compared with the projection of SDR 482 million in April 2011. This primarily reflects additional lending activity, which is partially offset by lower implicit returns on the Fund’s interest-free resources owing to the prevailing interest rate environment.1 The actual outcome is subject to considerable uncertainty in light of conditions in the global economy, which could affect the timing and amounts of disbursements under current and potential new arrangements and the performance of the Investment Account (IA).

Subject: Burden sharing, Executive Board decisions, Financial year, Fund financial position reviews, Lapse of time approval, Net income of Fund

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