Policy Papers

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

Publication Date:

November 24, 2021

Electronic Access:

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Summary:

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.

Series:

Policy Paper No. 2021/069

Subject:

Budget planning and preparation Expenditure Financial statements Income Monetary policy National accounts Pension spending Political economy Public financial management (PFM)

Frequency:

occasional