Front Matter Page
INTERNATIONAL MONETARY FUND
Review of the Fund’s Income Position for FY 2009 and FY 2010
Prepared by the Finance Department In consultation with the Legal Department and the Office of Budget and Planning
Approved by Andrew Tweedie April 14, 2009
Contents
I. Introduction
II. Review of the FY 2009 Income Position
III. Disposition Decisions
IV. FY 2010 Income Outlook
V. Burden Sharing
VI. Review of Special Charges
Tables
1. Projected Income Position―FY 2009
2. Projected Income and Expenditures―FY 2009
3. Projected Income Sources and Uses (FY 2009–2010)
4. Sensitivity Analysis―Effect of Changes in Selected Assumptions in FY 2010
5. Recent Average Burden Sharing Adjustment Rates and FY 2010 Projected Rates
6. Burden Sharing Contributions under Illustrative Scenarios
Boxes
1. Decisions in Effect Related to the FY 2009 Income Position
2. The Burden Sharing Mechanism
Figure
1. Lending Rates: EMBI, the World Bank and the IMF
Annexes
I. New Framework on the Margin for the Rate of Charge
II. Restructuring Provision
III. Assumptions Underlying the Income Projections (FY 2009–2010)
IV. Projected Income Sources and Uses (FY 2010–2012)
V. Cumulative Burden Sharing Adjustments by Member as of end-January 2009
VI. Reconciliation of Administrative Expenses (FY 2008 and FY 2009)