02203cas a2200313 a 4500 AALejournalIMF020531 230101c9999 xx r poo 0 0eng d 5.00 USD 9781498345316 2663-3493 BD-DhAAL BD-DhAAL International Monetary Fund. The Fund's Income Position For FY 2016 : Actual Outcome. Washington, D.C. : International Monetary Fund, 2016. 1 online resource (7 pages) Policy Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper reports the Fund's income position for FY 2016 following the closing of the Fund's accounts for the financial year and completion of the external audit. FY 2016 net income, including income from surcharges, was unchanged from the amount of SDR 998 million projected in April. GRA net income for FY 2016 of about SDR 1 billion has been placed to the Fund's reserves, further strengthening the Fund's precautionary balances, which reached SDR 15.2 billion at the end of FY 2016. Following the completion of the Executive Board's review of the investment strategy for the Fixed-Income Subaccount and consistent with the discussions in April, currencies totaling about SDR 3.7 billion will be transferred to the Investment Account during September and October 2016. This comprises currencies equivalent to the net income retained in the GRA in FY 2014 (SDR 1.2 billion) and FY 2015 (SDR 1.5 billion), together with the currencies equivalent to the FY 2016 GRA net income of about SDR 1 billion. Mode of access: Internet Income imf PP imf SDR Exchange Rate imf SDR Million imf SDR imf United States imf Policy Papers; Policy Paper ; No. 2016/051 Full text available on IMF http://elibrary.imf.org/view/journals/007/2016/051/007.2016.issue-051-en.xml IMF e-Library