Cover Policy Papers
The Fund's Income Position for FY 2008 - Midyear Review
Author:
International Monetary Fund
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Series:
Policy Papers
Volume/Issue:
Volume 2007: Issue 028
Language:
English
Publication Date:
12 Jul 2007
DOI:
https://doi.org/10.5089/9781498333108.007
ISBN:
9781498333108
ISSN:
2663-3493
Pages:
11
Keywords:
PP; SDR; income; financial year; interest rate; Board decision; about SDR; income shortfall; projection purpose; SDR billion; Personal income; SDR interest rate; Arrears; Adjustment process
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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.
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Cover Policy Papers
Policy Papers
ISSN:
2663-3493
Publisher:
International Monetary Fund
Volume 2007: Issue 028