The Fund's Income Position for FY 2021 - Actual Outcome

The Fund's Income Position for FY 2021 - Actual Outcome
Author :
Publisher : International Monetary Fund
Total Pages : 10
Release :
ISBN-10 : 9781616354633
ISBN-13 : 1616354631
Rating : 4/5 (631 Downloads)

Book Synopsis The Fund's Income Position for FY 2021 - Actual Outcome by : International Monetary

Download or read book The Fund's Income Position for FY 2021 - Actual Outcome written by International Monetary and published by International Monetary Fund. This book was released on 2021-11-24 with total page 10 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper reports on the Fund’s income position for FY 2021 following the closing of the Fund’s accounts for the financial year and completion of the external audit. Overall FY 2021 net income amounted to SDR 4.8 billion or SDR 0.7 billion higher than estimated in April, mainly reflecting a larger than anticipated gain reported under IAS 19 (the accounting standard for employee benefits) and endowment returns exceeding earlier projections.


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