Washington: In its annual review of the Fund’s income position, the IMF said the revenue outlook remains “highly uncertain” due to increasing geopolitical risks and ongoing instability in global financial markets.
The Fund also announced that its Executive Board approved a net administrative budget of $1.6 billion for fiscal year 2027. The approved budget will cover a period of approximately one year beginning May 1.
According to the IMF, its reserve balances, maintained as a safeguard against potential losses linked to credit, income, and other financial risks, are projected to increase to $35.9 billion by the end of fiscal year 2026. This would place reserves above the Fund’s medium-term target level.
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Looking further ahead, the IMF forecast a net income of around $2.6 billion for both fiscal years 2027 and 2028.
The Executive Board also agreed to retain the IMF’s key interest rate margin at 60 basis points above the Special Drawing Rights (SDR) interest rate for the 2027-2028 period,
