- International Monetary Fund
- Published Date:
- September 2016
IMF Annual Report 2016: Finding Solutions Together
The IMF’s financial year is May 1 through April 30
The analysis and policy considerations expressed in this publication are those of the IMF Executive Directors.
The unit of account of the IMF is the SDR; conversions of IMF financial data to U.S. dollars are approximate and provided for convenience. On April 30, 2016, the SDR/U.S. dollar exchange rate was US$1=SDR 0.705552 and the U.S. dollar/SDR exchange rate was SDR 1=US$1.41733. The year-earlier rates (April 30, 2015) were US$1=SDR 0.71103 and SDR 1=US$1.40642.
“Billion” means a thousand million; “trillion” means a thousand billion; minor discrepancies between constituent figures and totals are due to rounding.
As used in this Annual Report, the term “country” does not in all cases refer to a territorial entity that is a state as understood by international law and practice. As used here, the term also covers some territorial entities that are not states but for which statistical data are maintained on a separate and independent basis.