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
Author :
Publisher : International Monetary Fund
Total Pages : 33
Release :
ISBN-10 : 9781498336079
ISBN-13 : 1498336078
Rating : 4/5 (078 Downloads)

Book Synopsis Review of the Fund's Income Position for FY 2009 and FY 2010 by : International Monetary Fund. Finance Dept.

Download or read book Review of the Fund's Income Position for FY 2009 and FY 2010 written by International Monetary Fund. Finance Dept. and published by International Monetary Fund. This book was released on 2009-04-14 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

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