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Iciis re volupis enia que conem qui videm iliberia quaepre minulla borpor am idendi tota ducit et et omnimus re nonectaepe vendae volupti busame ipsantium quas aliquodi neturi int. |
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Intended result 2.2 | Payments to international financial institutions promote monetary cooperation and facilitate Government objectives in international forums. | ||
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Performance measure 5 | Proportion of payments to international financial institutions are transferred within legislated requirements and agreements. (Program 1.2 – Payments to International Financial Institutions) | ||
Methodology | Assessment of payments against the relevant legislation and agreements.
Output measure |
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Targets | |||
2022–23 | 2023–24 | 2024–25 | 2025–26 |
100% | 100% | 100% | 100% |
Target rationale | Treasury has reported over previous periods that transfers to international financial institutions are within legislated requirements. The target is consistent with these performance results. | ||
Data sources | International Monetary Agreements Act 1947 and International Finance Corporation Act 1955, and payment records from the Reserve Bank of Australia, World Bank and International Finance Corporation. |
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Changes from previous year | This performance measure was combined with other payments in the Corporate Plan 2021–22. Payments to States is presented as a separate performance measure in 2022–23 for transparency. The assessment against timeframes has been removed from the performance measure with the focus on meeting requirements. |
Intended result 2.3 | Payments to the States and Territories (the States) are administered in accordance with the Intergovernmental Agreement on Federal Financial Relations and other relevant agreements between the Commonwealth and the States. | ||
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Performance measure 6 | Proportion of payments to the States are delivered within requirements of the Intergovernmental Agreement on Federal Financial Relations and other relevant agreements between the Commonwealth and the States. (Program 1.4 to 1.9 – Department of the Treasury) |
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Methodology | Assessment of payments against the requirements of the Intergovernmental Agreement on Federal Financial Relations and other relevant agreements between the Commonwealth and the States.
Output measure |
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Targets | |||
2022–23 | 2023–24 | 2024–25 | 2025–26 |
100% | 100% | 100% | 100% |
Target rationale | Treasury has reported against this performance measure over previous periods. The target is set in accordance with Treasury’s obligations. | ||
Data sources | The Intergovernmental Agreement on Federal Financial Relations and other relevant agreements, records of payment requests in the Federal Payments Management System, approvals and payment advice. |
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Changes from previous year | This performance measure was previously combined with other payments in the Corporate Plan 2021–22. Transfers to international financial institutions is presented as a separate performance measure in 2022–23 for transparency. The assessment against timeframes has been removed from the performance measure with the focus on meeting requirements. |