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This Independent Evaluation Office (IEO) Annual Report 2012 presents an overview of overall developments in FY2012. In FY2012, the IEO expended approximately 97 percent of its total budgetary resources, including the approved budget amount and the resources carried forward from FY2011 as authorized. Vacancies amounted to about one and one-half staff years over the course of the financial year. This level of vacancies is within the range of what could be expected in a small organization with structural difficulties in recruitment and retention.

Banks and Banking --- Budgeting --- Finance: General --- Financial Risk Management --- Macroeconomics --- Exports and Imports --- National Budget --- Budget Systems --- Banks --- Depository Institutions --- Micro Finance Institutions --- Mortgages --- Financial Crises --- Taxation, Subsidies, and Revenue: General --- General Financial Markets: Government Policy and Regulation --- Current Account Adjustment --- Short-term Capital Movements --- Financial Markets and the Macroeconomy --- Budgeting & financial management --- Banking --- Economic & financial crises & disasters --- Public finance & taxation --- Finance --- International economics --- Budget planning and preparation --- Financial crises --- Macrofinancial linkages --- Institutional arrangements for revenue administration --- Public financial management (PFM) --- Financial sector policy and analysis --- International reserves --- Central banks --- Budget --- Banks and banking --- Financial services industry --- Balance of payments --- Interdisciplinary research --- Foreign exchange reserves --- United States