The Fund’s Income Position For FY 2020 -- Actual Outcome

December 4, 2020

Preview Citation

Format: Chicago

The Fund’s Income Position For FY 2020 -- Actual Outcome, (USA: International Monetary Fund, 2020) accessed December 21, 2024

Summary

This paper reports on the Fund’s income position for FY 2020 following the closing of the Fund’s accounts for the financial year and completion of the external audit. Net operational income was about SDR 1.4 billion, slightly higher than estimated in the April supplement, mainly reflecting higher investment income. However, the unrealized pension-related adjustment in FY 2020, stemming mainly from the actuarial remeasurement of staff retirement plan assets and liabilities, was larger than previously estimated and more than offset the Fund’s net operational income, contributing to an overall net loss of about SDR 1.4 billion for the year.

Subject: Budget planning and preparation, Discount rates, Exchange rates, Financial statements, National accounts, Personal income, Public financial management (PFM)

Keywords: About SDR, Budget planning and preparation, Financial statements, Fixed-Income Subaccount, Net IAS, Personal income, Plan asset performance, PP, SDR billion, SDR exchange rate, SDR millions

Publication Details

Pages:

8
Volume:

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DOI:

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Issue:

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Series:

Policy Paper No. 2020/064
Stock No:

PPEA2020064
ISBN:

9781513563312
ISSN:

2663-3493

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