The International Monetary Fund (IMF) said its Executive Board expects the institution to generate approximately $2.5 billion in net income in fiscal year 2026, following its annual review of the Fund’s income position for the year ending April 30.
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The IMF stated: “The outlook for the Fund’s income position remains subject to a high degree of uncertainty, including due to rising geopolitical risks and volatility in financial markets.”
According to a separate statement issued on Friday, the IMF Executive Board approved a net administrative budget of $1.6 billion for fiscal year 2027, which will cover a period of approximately one year beginning May 1.
The Fund said its precautionary balances, which serve as a buffer to protect against potential losses arising from credit, income, and other financial risks, are expected to rise to $35.9 billion by the end of fiscal year 2026, exceeding the IMF’s medium-term target.
Looking ahead, the IMF projected net income of approximately $2.6 billion in both fiscal years 2027 and 2028.
The Executive Board also approved maintaining the IMF’s basic rate of charge margin at 60 basis points above the Special Drawing Rights (SDR) interest rate for the period from 2027 to 2028, keeping borrowing costs unchanged for member countries that take loans from the Fund.
