Policy Papers

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

Publication Date:

November 17, 2023

Electronic Access:

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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.

Series:

Policy Paper No. 2023/049

Subject:

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

Frequency:

occasional