Net investment income (schedule 16)

Net investment income (schedule 17)

(a) Interest income

Note 1.

General administration charges as at 31 December 1993

4. Interest and miscellaneous income

Total, interest and miscellaneous income

Total net investment income as above

The Fund has also earned 0.4 million in interest income.

The financial report and accounts reflect UNICEF income, expenditure, assets and liabilities, including the net operating income, assets and liabilities of PSD.

In particular, the fund would do much to enhance the foreign exchange earnings of African countries.

23. The net transfer to IMF from developing countries is larger than the net negative lending of IMF because it includes interest payments.

The net effect for Denmark was found to be a small cost , not benefit.

Some of the increase in net transfers reflected strong growth in export revenues that had led to current account surpluses in some countries.

The net benefit of intervention A over intervention B is therefore 1.8 1.5 0.3 QALYs.

Interest income arising from UNDP activities is credited to the operating fund account maintained with that organization.

Net investment income for the biennium was 142.8 million, as compared to an annual income in 1991 of 70.5 million.

a Loss is due to declines in market values of short term investments which more than offset other interest income.

During the biennium 1992 1993 both operations had residual income from interest earned and savings on the liquidation of obligations.

The gains in interest income are expected to be offset to a certain extent by the strengthening of the United States dollar compared to other major donor currencies.

Clear

(net)

Tax revenue

Miscellaneous income

Income from investments

Income to the budget

Treasury receipts 455.5 507.3

Other 25.0 62.0

INCOME EXPENDITURES

Miscellaneous income 22 500.0

miscellaneous income

20. Income

Miscellaneous income 529 000

Earnings of the Government 148.8 162.3

Other 63.4 66.0

According to the International Monetary Fund, the budget deficit is declining, and the primary surplus (net revenues minus interest payments) is growing.

The 2005 budget proposal foresees revenues in the amount of 53.77 million and expenditures of 50.86 million, resulting in a projected net income of 2.91 million.

Net capital inflow

Net revenue (1 200.2) (960.7) 239.5

Net total 47 818.0

Gross Net

payments a profits and interest c account d of capital e Global balance f

b Data not available by type of product.

State Revenues Act.

(iii) Interest income