Review Of The Fund S Income Position For Fy2006 And Fy2007


Review Of The Fund S Income Position For Fy2006 And Fy2007
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Review Of The Fund S Income Position For Fy2006 And Fy2007


Review Of The Fund S Income Position For Fy2006 And Fy2007
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Author : International Monetary Fund. Finance Dept.
language : en
Publisher: International Monetary Fund
Release Date : 2006-12-04

Review Of The Fund S Income Position For Fy2006 And Fy2007 written by International Monetary Fund. Finance Dept. and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-12-04 with Business & Economics categories.


This paper provides the basis of the Executive Board's annual review of the Fund's income position, the burden-sharing mechanism, and the system of special charges, and makes proposals for the rate of charge in FY07.



The Fund S Income Position For Fy2007 Midyear Review


The Fund S Income Position For Fy2007 Midyear Review
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Author : International Monetary Fund. Legal Dept.
language : en
Publisher: International Monetary Fund
Release Date : 2006-07-12

The Fund S Income Position For Fy2007 Midyear Review written by International Monetary Fund. Legal Dept. and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-07-12 with Business & Economics categories.


In March and April this year, Executive Directors had wide-ranging discussions on the Fund’s income outlook, which has changed significantly following the recent sharp decline in credit outstanding. Directors supported the proposal for a two-pronged strategy that would involve, first, immediate steps to address the projected income shortfall in FY2007 under current policies and within the framework of the FY2007 budget and, second, development of a broader work plan on the options to ensure a stable and sustainable income base.



Review Of The Fund S Income Position For Fy2007 And Fy200


Review Of The Fund S Income Position For Fy2007 And Fy200
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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 2007-09-04

Review Of The Fund S Income Position For Fy2007 And Fy200 written by International Monetary Fund and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-09-04 with Business & Economics categories.


The review of income for the year ended April 30, 2007 (FY07) builds on the midyear income review and the February 2007 meeting of the Committee on the Budget



The Fund S Income Position For Fy 2006 Update To The Midyear Review


The Fund S Income Position For Fy 2006 Update To The Midyear Review
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Author : International Monetary Fund. Finance Dept.
language : en
Publisher: International Monetary Fund
Release Date : 2006-05-01

The Fund S Income Position For Fy 2006 Update To The Midyear Review written by International Monetary Fund. Finance Dept. and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-05-01 with Business & Economics categories.


This paper provides updated information on the Fund’s income position. The regular midyear review of the Fund’s income for FY 2006 was completed by the Executive Board on December 9, 2005. That review projected a small shortfall of SDR 18 million from the regular net income target of SDR 188 million. The projection was based on the usual set of assumptions, including that repurchases would be made as scheduled.



European Yearbook Of International Economic Law 2012


European Yearbook Of International Economic Law 2012
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Author : Christoph Herrmann
language : en
Publisher: Springer Science & Business Media
Release Date : 2011-12-21

European Yearbook Of International Economic Law 2012 written by Christoph Herrmann and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-12-21 with Law categories.


The third volume of the European Yearbook of International Economic law focuses on two major topics of current academic and political interest. Firstly, it adresses the 10th anniversary of China's accession to the WTO and its implications; secondly, it deals with different legal aspects of global energy markets.



The Fund S Income Position For Fy 2008 Midyear Review


The Fund S Income Position For Fy 2008 Midyear Review
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Author : International Monetary Fund. Finance Dept.
language : en
Publisher: International Monetary Fund
Release Date : 2007-07-12

The Fund S Income Position For Fy 2008 Midyear Review written by International Monetary Fund. Finance Dept. and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-07-12 with Business & Economics categories.


This paper provides the basis for the Executive Board’s midyear review of the Fund’s income position based on developments in the first half of FY 2008. Under Rule I-6(4) of the Fund’s Rules and Regulations, the Executive Board should consider whether the margin over the SDR interest rate used to calculate the rate of charge as determined at the beginning of the year should be changed in light of the actual income position for the first six months.



Establishment Of The Investment Account


Establishment Of The Investment Account
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Author : International Monetary Fund. Finance Dept.
language : en
Publisher: International Monetary Fund
Release Date : 2006-04-14

Establishment Of The Investment Account written by International Monetary Fund. Finance Dept. and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-04-14 with Business & Economics categories.


This paper summarizes the relevant considerations and presents decisions for the establishment of an Investment Account (IA). Executive Directors considered an analysis of the establishment and operations of an IA in September 2005. During the discussion in March 2006 of the medium-term outlook for the Fund’s income, Directors requested staff to return to the Board with a paper proposing decisions on the establishment of an IA.



The Fund S Income Position For Fy 2006 Midyear Review


The Fund S Income Position For Fy 2006 Midyear Review
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Author : International Monetary Fund. Finance Dept.
language : en
Publisher: International Monetary Fund
Release Date : 2005-02-12

The Fund S Income Position For Fy 2006 Midyear Review written by International Monetary Fund. Finance Dept. and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005-02-12 with Business & Economics categories.


This paper presents the Fund’s actual outcome for the first half of FY 2006 together with updated income projections for the year as a whole.



Review Of The Fund S Income Position For Fy 2017 And Fy 2018


Review Of The Fund S Income Position For Fy 2017 And Fy 2018
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Author : International Monetary Fund. Finance Dept.
language : en
Publisher: International Monetary Fund
Release Date : 2017-05-30

Review Of The Fund S Income Position For Fy 2017 And Fy 2018 written by International Monetary Fund. Finance Dept. and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-05-30 with Business & Economics categories.


The Fund’s total net income for FY 2017, including surcharges, is projected at about SDR 1.7 billion or some SDR 0.7 billion higher than expected in April 2016. This mainly reflects the IAS 19 adjustment (relating to reporting of employee benefits), which is expected to contribute about SDR 0.4 billion to net income, and higher investment income. Lending income is expected to be modestly lower than the April 2016 estimates. The paper recommends that GRA net income of SDR 1.2 billion for FY 2017 (which excludes projected income of the gold endowment), be placed equally to the special and general reserve. After the placement of GRA FY 2017 net income to reserves, precautionary balances are projected to reach SDR 16.4 billion at the end of FY 2017. The paper further proposes to transfer currencies equivalent to the increase in the Fund’s reserves from the GRA to the Investment Account. In April 2016, the margin for the rate of charge was set at 100 basis points for the two years FY 2017 and FY 2018. The margin may be adjusted before the end of the first year of this two-year period (i.e., FY 2017) but only if warranted by fundamental changes in the underlying factors relevant for the establishment of the margin at the start of the two-year period. Staff does not propose a change in the margin. The projections for FY 2018 point to a net income position of SDR 0.7 billion. These projections are subject to considerable uncertainty and are sensitive to a number of assumptions.



Review Of The Fund S Income Position For Fy 2009 And Fy 2010


Review Of The Fund S Income Position For Fy 2009 And Fy 2010
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Author : International Monetary Fund. Finance Dept.
language : en
Publisher: International Monetary Fund
Release Date : 2009-04-14

Review Of The Fund S Income Position For Fy 2009 And Fy 2010 written by International Monetary Fund. Finance Dept. and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-04-14 with Business & Economics categories.


This paper reviews the Fund’s income position for FY 2009 and FY 2010. The proposals build on previous discussions relating to implementation of the new income model, the framework for accumulating precautionary balances, and the recent reform of the Fund’s lending toolkit. The paper is structured as follows: Section II reviews the income position for FY 2009 and explains the main changes from the projections at the midyear review; Section III makes proposals that pertain to the FY 2009 income position, including the disposition of investment income, the overall income position of the General Resources Account (GRA), and the annual reimbursement of the GRA for the expenses of conducting the business of the SDR Department and the MDRI-I Trust; Section IV reviews the FY 2010 income outlook, including the margin for the rate of charge; Section V reviews the burden sharing mechanism; and Section VI reviews special charges.