Chapter

Appendix VI. Administrative Budget

Author(s):
International Monetary Fund
Published Date:
September 1972
Share
  • ShareShare
Show Summary Details

Letter of Transmittal

August 7, 1972

My dear Mr. Chairman:

The administrative budget of the Fund approved by the Executive Board for the Fiscal Year ending April 30, 1973 is presented herewith, in accordance with Section 20 of the By-Laws. The presentation also shows actual expenditures for the past two fiscal years.

I should like to point out that it is of course impossible to predict whether the amounts budgeted will, in fact, meet the requirements of the Fund’s program. The amounts shown are estimates of requirements on the basis of the expected level of activities. Should contingencies arise or present plans change materially, the management would recommend appropriate amendments to the Executive Board.

Yours sincerely,

/s/

P.-P. Schweitzer

Chairman of the Executive Board

Chairman of the Board of Governors

International Monetary Fund

Administrative Budget as Approved by the Executive Board for the Fiscal Year Ending April 30, 1973 Compared with Actual Expenditures for the Fiscal Years EndedApril 30, 1971 and 1972

(Values expressed in special drawing rights)1

Fiscal YearFiscal Year
Ending

Apr. 30, 1973
Fiscal Year Ended

Apr. 30, 1972
Ended

Apr. 30, 1971
RevisedActualActual
Category of ExpenditureBudgetBudgetExpendituresExpenditures
I. Board of Governors737,763760,000702,431897,940
II. Executive Directors
Salaries1,977,5012,072,0002,056,8681,883,749
Other compensations and benefits581,184564,000522,944537,189
Travel541,579495,000469,422448,478
Total3,100,2643,131,0003,049,2342,869,416
III. Staff
Salaries16,674,74416,024,00015,912,46314,029,376
Other compensations and benefits6,241,0556,233,0005,910,0025,565,504
Travel3,610,5283,830,0003,792,6083,185,885
Total26,526,32726,087,00025,615,07322,780,765
IV. Special Services to Member Countries3,529,4753,031,0002,822,0592,465,737
V. Other Administrative Expenses
Communications1,063,8161,489,0001,390,346810,135
Office occupancy expenses1,188,1581,109,000998,501961,458
Books and printing777,369750,000643,706623,345
Supplies and equipment695,395719,000648,287682,784
Data processing services723,027650,000543,126481,668
Miscellaneous836,316774,000644,007649,405
Total5,284,0815,491,0004,867,9734,208,795
Total239,177,91038,500,00037,056,77033,222,653

For fiscal years ended April 30, 1971 and April 30,1972, SDR 1 = US$1.00. For fiscal year ending April 30, 1973, SDR 1 = US$1.08571.

Net administrative expenditures for fiscal year ended April 30, 1972 totaled SDR 36,032,141 after deduction of SDR 1,024,629 reimbursed to the General Account by assessments levied on the net cumulative allocations of participants in the Special Drawing Account. The comparable figures for fiscal year ended April 30, 1971 were SDR 32,331,800 and SDR 890,853, respectively.

For fiscal years ended April 30, 1971 and April 30,1972, SDR 1 = US$1.00. For fiscal year ending April 30, 1973, SDR 1 = US$1.08571.

Net administrative expenditures for fiscal year ended April 30, 1972 totaled SDR 36,032,141 after deduction of SDR 1,024,629 reimbursed to the General Account by assessments levied on the net cumulative allocations of participants in the Special Drawing Account. The comparable figures for fiscal year ended April 30, 1971 were SDR 32,331,800 and SDR 890,853, respectively.

    Other Resources Citing This Publication