2016年-IMF国际货币组织全球_FY2017_40页_1mb

IMF FY2017-FY2019 Medium-Term Budget Summary

Core Content

This document outlines the IMF's FY2017-FY2019 medium-term budget proposal, emphasizing the need for increased administrative and capital budget allocations to address rising demands and operational costs, particularly in the areas of security, surveillance, and capacity development. The budget is shaped by the Fund's strategic priorities, including the Global Policy Agenda (GPA), and reflects ongoing efforts to enhance efficiency and reallocate resources.

Main Points

1. Budget Execution in FY2016

• High Utilization: The FY2016 budget utilization reached close to 99%, indicating near full use of available resources.
• Resource Management: Significant efforts were made to manage resources more efficiently, leading to gross savings of about 5%.
• Vacancy Rate: The vacancy rate was at a notional frictional level, showing a slight decrease from 1.7% in FY2015 to 1.5% in FY2016.
• Under-spending: Some areas, such as buildings and other administrative expenses, exceeded planned levels due to increased security and operational costs.

2. FY2017 Budget Request

• Net Administrative Budget Increase: A small increase of about $6 million is requested for FY2017 to cover rising security costs.
• Security Costs: Security costs have become a permanent need due to increasing threats, and cannot be considered temporary anymore.
• Internal Reallocation: Most of the FY2017 budget will be funded through internal reallocations and efficiencies, with the exception of the $6 million security increase.

3. Medium-Term Budget Outlook

• Rising Demands: Continued pressure on resources is expected due to the growing needs of the Fund's membership for policy advice, financial support, and capacity development.
• Strategic Priorities: The Fund's focus on surveillance, lending, and capacity development remains key, with new priorities emerging around the Sustainable Development Goals (SDGs) and global challenges like climate change and inequality.
• Budget Constraints: Despite some savings, the Fund is under pressure to increase its budget to meet new and evolving demands, especially in security and program activities.

4. Budget Reallocation and Efficiency Measures

• Cross-Cutting Streamlining: A series of efficiency and reallocation measures were implemented in FY2016, including streamlining reports and assessments, reducing the number of countries in surveillance, and improving travel management.
• Savings: These efforts resulted in a planned reallocation of close to 5% of the net administrative budget, with additional savings of about $20 million from departmental initiatives.
• Uncompensated Overtime: Despite some reductions, uncompensated overtime still averaged 12% in FY2016, with 13 departments exceeding the 10% threshold.

5. Capital Budget Envelope

• FY2017 Capital Budget Increase: A $20 million increase is proposed for FY2017 to support the HQ1 furniture replacement and security improvements at the headquarters.
• Long-Term Security Needs: The Fund is preparing for long-term capital expenditures related to security, as part of a broader infrastructure upgrade plan.

Key Information

• Budget Trends: The net administrative budget has been kept flat for four consecutive years, with the exception of FY2017.
• Income Position: The Fund maintains a robust income position, supported by operational and surcharge income, which will continue to fund its activities in the medium term.
• Security Spending: Security costs have increased significantly and are expected to remain a key budgetary concern.
• Capacity Development: The Fund has expanded its capacity development activities, especially in response to the GPA and the Sustainable Development Goals.
• Transparency Policy: The IMF's transparency policy allows for the deletion of market-sensitive information and the suppression of policy intentions in published reports.

Budget Overview

Category	FY16 (Millions USD)	FY17 (Millions USD)	Scenario 1 (FY18–19)	Scenario 2 (FY18–19)
Net Administrative Budget (FY16 dollars)	1,052	1,053	1,053	1,060
Net Administrative Budget (Current Dollars)	1,052	1,072	1,096	1,103
Gross Administrative Expenditures (Current Dollars)	1,247	1,273	1,310	1,317
Personnel	907	938	...	...
Travel	130	123	...	...
Building and Other Expenses	187	...	...	...
Additional Security Costs	-	6	...	...

Conclusion

The FY2017-FY2019 budget proposal reflects the IMF's commitment to managing its resources efficiently, addressing rising demands, and maintaining its strategic focus. With a growing need for security and surveillance, the Fund is seeking a small increase in its net administrative budget for FY2017 and is preparing for further increases in the medium term to ensure it can meet its commitments and respond to new challenges.