FY2012-FY2014 Medium-Term Budget
Download or Read eBook FY2012-FY2014 Medium-Term Budget PDF written by International Monetary Fund. Office of Budget and Planning and published by International Monetary Fund. This book was released on 2011-03-30 with total page 22 pages. Available in PDF, EPUB and Kindle.
| Author | : International Monetary Fund. Office of Budget and Planning |
| Publisher | : International Monetary Fund |
| Total Pages | : 22 |
| Release | : 2011-03-30 |
| ISBN-10 | : 9781498339094 |
| ISBN-13 | : 1498339093 |
| Rating | : 4/5 (94 Downloads) |
Book Synopsis FY2012-FY2014 Medium-Term Budget by : International Monetary Fund. Office of Budget and Planning
Book excerpt: With the global financial landscape still unsettled, temporary spending looks set to remain at current levels over the next few years. Lending commitments and crisis-management activities have surged since the onset of the crisis: by the end of December 2010, there were 60 program and financial arrangements in place, compared with 40 at the time of the Fund’s restructuring in early 2008. The higher lending has generated a sharp but temporary rise in income, but has also required an increase in temporary spending. This expenditure will unwind over time, but only marginally over the FY 12–14 MTB period
