## cr1887

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---

### Mission overview and objectives
- Mission composition and timing:
  - Mr. Johan Mathisen (AFE GFS advisor) and Mr. Ismael Ahamdanech Zarco (GFS expert) visited Kigali during July 15–24, 2014 and January 12–16, 2015.
  - Mr. Michael Gitau from the East African Community (EAC) Secretariat participated in the July 2014 mission.
- Mission objectives:
  - Align compilation and dissemination of GFS under the Government Finance Statistics Manual 2014 (GFSM 2014).
  - Develop a GFSM 2014 implementation plan.
  - Develop a bridge table to compile GFS from Rwanda’s source data.
  - Review and align the institutional table of Rwanda’s public entities.
  - Discuss methodological issues such as the recording of grants.
  - Fill GFS questionnaires and update the General Data Dissemination System metadata template.
  - Provide GFS training to counterpart staff (training provided during July 21–24, 2014).
- Program context:
  - Part of the AFE/EAC collaboration program to assist EAC Partner States meet fiscal data requirements associated with the East African Monetary Union Protocol.

### Key findings — institutional arrangements and legal framework
- Legal framework:
  - Organic Law on State Finances and Property (Law No. 12/2013, issued on 12/09/13) is the key budget legislation.
  - Article 63 assigns responsibility to the minister in charge of finance and makes the Accountant General responsible for monitoring and coordinating accounting activities and compliance with public sector accounting and financial reporting standards.
- Institutional governance:
  - Establishment of a formal interagency GFS technical working group (TWG) and a detailed roadmap based on the EAC fiscal data development (GFSM 2014 implementation) plan is strongly welcomed.
  - Mission endorsed a step-by-step approach starting with producing solid and credible budgetary central government data.

### Institutional coverage of the public sector (structure and classification)
- Public sector composition:
  - General government: central government (budgetary central government (BCG) and extrabudgetary central government), local government (LG), and social security funds.
  - Public corporations: 12 public corporations.
- Central government details:
  - BCG comprises the chamber of deputies, 18 ministries, national public prosecution authority, president’s office, prime minister’s office, 4 provinces, senate, supreme court, and 63 other government bodies.
  - 19 extrabudgetary units (EBUs) — mainly higher learning institutions, hospitals, and research institutions.
- Local government:
  - 30 districts and the Kigali City Council.
- Social security funds:
  - Rwanda Social Security Board (RSSB); Military Medical Insurance (MMI) discussed for classification.
- Classification issues identified:
  - 9 of the 12 public corporations appear to follow GFSM 2014 sectoring guidelines.
  - MMI and RSSB should be classified as social security funds and part of general government in line with draft regional GFS guidelines.
  - Rwanda Utilities and Regulatory Agency (RURA) should be reclassified into general government because it primarily provides licenses for fees.
- Recommendations (institutional coverage):
  - Verify and promulgate the full list of government entities, consistently sectorized with GFSM 2014 guidelines, across government agencies and submit to the IMF.
  - Verify the institutional table annually to classify new entities, remove non-existing entities, and reassess borderline cases to ensure consistency with GFSM 2014, including scope of the public sector.

### Accounting and statistical systems — coverage, gaps, and data flows
- IFMIS coverage and exceptions:
  - IFMIS coverage has recently been expanded and now broadly covers all BCG and LG revenue and expenditure, with exceptions.
  - Not covered by IFMIS: tax and non-tax revenue from Rwanda Revenue Authority (RRA), inflows from external grants and project loans, EBUs, and social security funds (except transfers received from central government).
- Recording basis and implications:
  - Expense is recorded in IFMIS on a payment order basis; payment orders are registered in the Ministry of Finance (Treasury) only when the good or service is received, creating a float until cash outflows from the single treasury account.
  - To compile GFS on a pure cash basis, expenses need to be moved from payment order to cash basis of recording.
- Revenue sources:
  - Two revenue sources recorded on a cash basis: tax and non-tax revenue.
  - RRA uses its own system (dividing domestic and external tax revenue) not yet included in IFMIS; RRA’s classification matches the BCG Chart of Accounts (CoA).
  - RRA collects taxes on behalf of LG — proper reassignment is required so such income is recorded as LG revenue, not BCG revenue.
- External grants and project loans:
  - External aid can be disbursed as direct payments to third parties (contractors) or as cash transfers to government.
  - Cash transfers to government are observable via deposits to government accounts at the National Bank of Rwanda (BNR); direct payments to contractors cannot be directly tracked.
  - Authorities are improving recording of external grants; External Finance Unit collects budgeted direct payments and includes them in the budget.
  - Single Project Implementation Units are being established in each ministry and are expected to introduce project budget execution information in IFMIS for the 2015/16 budget; Ministry of Infrastructure has not yet established a Single Project Implementation Unit.
- EBUs:
  - EBUs do not report in IFMIS; some use the same classification as BCG CoA, others do not.
  - The Subcommittee on Compilation (SCO) developed reporting tables to gather common GFS information from entities not reporting in IFMIS; the mission reviewed and helped complete those tables.
- Recommendations (accounting and statistical systems):
  - Include in the GFS compilation framework data from EBUs, the RRA, and the social security funds.
  - Use the templates developed for reporting EBUs and public corporations so data can be timely incorporated in the GFS compilation.
  - Establish timely channels of sharing information for entities not reporting in IFMIS and for external project grants and loans.

### Chart of Accounts (CoA) and bridge table
- CoA status:
  - The new CoA introduced in 2011/12 covers most government units and is sufficiently detailed and broadly consistent with GFSM 2014, though some items are not classified in line with GFSM codes.
- Bridge table and integration:
  - The mission developed a bridge table (shown in Appendix V) to fully map the CoA so consistent GFS aggregates can be derived.
  - Work is underway to integrate the CoA-GFS mapping table into IFMIS to enable direct GFS data extraction for entities reporting in IFMIS.
- Asset and liability transactions and stocks:
  - Budget CoA is insufficiently detailed for some asset/liability splits; the mission provided a draft proposal for a more detailed CoA to be fine-tuned and mapped.
- Recommendations (CoA and bridge table):
  - Establish procedures for updating the CoA-GFS mapping framework and regularly review it within IFMIS.
  - For entities not reporting in IFMIS but using the budget CoA, establish timely channels of sharing information.
  - Use developed templates for EBUs, project grants and loans, and other reporting entities to obtain consistent and timely GFS data.

### GFSM 2014 implementation plan and sequencing
- Project objective:
  - To compile and publish monthly, quarterly and annual general GFS according to the GFSM 2014.
- Verifiable indicators and target:
  - Dissemination of monthly, quarterly and annual GFS to the public, the EAC Secretariat, and publication in the International Financial Statistics and Government Finance Statistics Yearbook.
  - Target Date: 2017
- Key implementation guidance and sequencing:
  - Adopt a step-by-step approach beginning with producing solid and credible budgetary central government data.
  - Conduct trial runs of the bridge table using budgetary central government source data; then expand to include LG sector and EBUs to eventually produce trial general government data.
  - Recognize that increasing frequency and expanding coverage to LG and EBUs will be iterative and require sustained efforts and close TA engagement.
- Selected project outputs, verifiable indicators, target dates, and implementation status:
  - Conduct regular GFS TWG meetings/workshops.
    - Target Date: July 2014
    - Implementation Status: TWG established; members expected at IMF GFS training July 2015.
  - Define and maintain institutional structure of general government consistent with GFSM 2014 guidelines.
    - Target Date: December 2014
    - Implementation Status: Classification ongoing; pending inclusion of RSSB and MMI in central government sector (to be addressed regionally).
  - Link CoA classifications with GFSM 2014 economic classifications.
    - Target Date: June 2015
    - Implementation Status: Current CoA mapped but needs updating and verification.
  - Link CoA classifications with COFOG.
    - Target Date: June 2015
    - Implementation Status: Existing bridging tables need verification and updating.
  - Reflect updated GFS economic and functional classification tables in budget tables.
    - Target Date: 2015/16 budget
    - Implementation Status: Requires verified bridging tables and analytical capacity; bridge table expected to be verified before next budget.
  - Disseminate GFSM 2014-compliant BCG data for FY2011/12 thru 2012–13.
    - Target Date: June 2015
    - Implementation Status: GFSM 2014-compliant BCG data have not yet been disseminated.
  - Incorporate the CoA-GFS bridge table and automate report compilation.
    - Target Date: June 2015
    - Implementation Status: Incomplete; EBUs and RSSB are not in IFMIS and need manual compilation; no calendar to include them in IFMIS.
  - Disseminate GFSM 2014-compliant central government data for FY2014.
    - Target Date: September 2016
    - Implementation Status: Requires finalization of institutional table, implementation of verified bridging tables, and integration of EBUs.
  - Disseminate GFSM 2014-compliant LG data for FY2014.
    - Target Date: February 2016
    - Implementation Status: Requires finalization of institutional table and bridging tables; LG inclusion in IFMIS supports timely data availability.
  - Full roll-out of IFMIS or GFSM 2014-compliant reporting mechanisms for BCG, Extrabudgetary entities, LGs, Social Security Funds.
    - Target Status: Completed for budgetary units of central government and all units of LG. Targets for EBUs of central government and RSSB require further consultations.
    - Implementation Status: Integration of EBUs and RSSB into IFMIS is needed.
  - Expand coverage of GFS (flows) to include all general government units.
    - Target Date: June 2017
    - Implementation Status: Compilation of general GFS needs finalization ahead of dissemination (end 2017 overall objective).
  - Include stocks of financial assets and liabilities in the GFS of BCG.
    - Targets:
      - For Financial Liabilities: June, 2015
      - For Financial Assets: June, 2016
    - Implementation Status: Full data capture requires maintaining an updated inventory and valuation of all financial assets and liabilities.
  - Include stocks of financial assets and liabilities in the GFS of extrabudgetary, LG, and social security fund units.
    - Targets:
      - For Financial Liabilities: June, 2015
      - For Financial Assets: June, 2016
    - Implementation Status: Incomplete; may require signed Memorandums of Understanding for EBUs and social security funds to ensure timely data submissions.
  - Compile and disseminate public debt statistics of the general government sector.
    - Target Date: June 2015
    - Implementation Status: Incomplete; full data capture requires updated inventory and valuation of all liabilities; MOUs may be required for EBUs and social security funds.

### Main mission recommendations (summary)
- Implement the authorities’ plans to improve coverage, frequency, and timeliness of fiscal reporting consistent with international standards.
- Fully align sectorization of government and classification of revenue and expenditure with international standards.
- Finalize and integrate the GFSM 2014 bridge table into the GFS production process.
- Develop and implement seamless reporting mechanisms to capture EBU and social security funds data.
- Expand fiscal reporting to include stocks of financial assets and liabilities.

### Resources, training, and technical assistance
- Training provided and planned:
  - Training course provided to staff of the Ministry of Finance and Economic Development, the RRA, and National Institute of Statistics Rwanda during July 21–24, 2014.
  - A new GFS training course was requested for July 6–10, 2015.
- Mission schedule and follow-up:
  - Next full GFS TA mission expected January 12–22, 2016.
  - A short focused technical visit by a GFS expert is scheduled to overlap with the November workshop in Rwanda (dates listed below).
  - Continued TA focus: improving coverage, timeliness, and frequency of Rwanda’s GFS.
- Confirmed planned activities (Table of GFS Technical Assistance Activities for 2015/16):
  - Training course — 6-July-15 — 10-July-15 — Kigali
  - Regional workshop — 24-Aug-15 — 28-Aug-15 — Tanzania
  - Technical visit — 9-Nov-15 — 13-Nov-15 — Kigali
  - Regional workshop — 16-Nov-15 — 20-Nov-15 — Rwanda
  - GFS mission — 12-Jan-16 — 22-Jan-16 — Kigali

### Institutional structure, coverage, and accounting practices (selected)
- Institutional structure of general government (Rwanda):
  - Central Government
    - Subsector 1. Budgetary central government
      - e1.1 Chamber of deputies, ministries (18), national public prosecution authority, president’s office, prime minister’s office, provinces (4), senate, and supreme court
      - e1.2 Other government bodies (63)
    - Subsector 2. Extrabudgetary units/entities
      - e2.1 Institutions of higher learning, national hospitals, and research institutions (19)
    - Subsector 3. Social security funds
      - e3.1 Rwanda Social Security Board
      - Military Medical Insurance
  - Local Governments
    - Subsector 5. Local governments
      - e5.1 30 districts
      - e5.2 Kigali City Council
- Data coverage notes:
  - Data in central government tables cover operations of subsector 1.
  - Changes in currency and deposits are included under loans in financial assets because the information available is for net credit to government (loans minus deposits). Statement II shows zeros under Net change in the stock of cash for this reason.
- Accounting practices:
  - Bases of recording: Data compiled for budgetary central government are on a modified cash basis.
  - Liquidation or complementary period: Not reported.
  - Valuation of assets and liabilities: Not reported.

### Appendix highlights — selected classification and mapping examples (Appendices II, IV, V)
- Selected new GFSM 2014 classification codes (Appendix II) include:
  - REVENUE examples: 11414; 14111; 14112; 14113; 1416; 14411; 14412; 1451; 14511; 14512; 14513; 1452.
  - EXPENSE examples: 253; 2811; 2812; 2813; 2814; 2815; 283; 2831; 28311; 28312; 28313; 2832.
  - NET TRANSACTIONS IN ASSETS AND LIABILITIES examples: 3114; 3211; 33061; 33062; 33063; 33064; 33065.
- Selected list of general government entities and public corporations (Appendix IV) includes:
  - Public Financial Corporations: 1. National Bank of Rwanda
  - Public Nonfinancial Corporations: 2. Energy, Water, and Sanitation Authority (EWSA); 3. Rwanda Civil Aviation Authority (RCAA); 4. ONATRACOM; 5. Rwandair; 6. Rwanda Grains and Cereals Corporation (RGCC, Ltd); 7. National Post Office; 8. King Faisal Hospital; 9. Horizon Group, Ltd.
- Appendix V — Bridge Table(s) linking national CoA to GFSM 2001 and GFSM 2014 provides extensive mappings, selected examples:
  - Tax revenue mappings: 111101 → 1111; 111102 → 1411; 111104 → 11412; 111225 → 1411; 111226 → 1151; 114101 → 11411; 114121–114207 → 1142; 114501 → 11451; 115101–115121 → 11411 / 1142 / 1151 / 1152 / 1156 as appropriate.
  - Non-tax revenue mappings: 143101 / 143102 / 143103 / 143203 / 143206 / 145105 → 143; 142702–142710 → 1422 or 1423 as appropriate; 145101–145112 → 145 or other GFSM 2014 categories where specified.
  - Voluntary transfers and grants: 144101–144103 → 1441 / 14412; 144201–144209 → 1442; 144301 → 1332.
  - Disposal of assets and sales: 151101–151104 → 31111B / 31112B / 31113B; 1512x → 31121B / 31122B; 152101–152199 → 3121B; 153101–153199 → 313B; 154101–154205 → 3141B / 3143B / 31114B / 3142B as appropriate.
  - Borrowing and repayments: 161101–161108 → 331A / 3313A / 3314A / 3202B; 162101–162103 → 3324A; 291101–291106 → 3313B / 3314B; 292101–292102 → 3324B.
  - Expenditures mappings: Compensation (2111xx etc.) → 2111; Salaries in kind (2121xx etc.) → 2112; Government contributions (213101–213109) → 2121; Use of goods and services (2211xx–2217xx) → 22; Acquisition of fixed assets and inventories (231–236) → transactions-acquisitions (31111A etc.).
  - Interest, subsidies, grants, transfers, social benefits mappings provided in detail (241101–241110; 241201–241203; 251101 etc.; 2611–2642; 272101–272106; 2731xx–2732xx).
  - Assets and liabilities mappings: cash and deposits (3111–3115 / 3211–3215) → 6212 / 6222; accounts receivable (3121–3126 / 3221–3226) → 6218 / 6228 / 6214 / 6224; accounts payable (412101–412108 / 422101–422108) → 6318 / 6328; funds held on behalf of third parties (431101–431104) → 6328; accumulated reserves and opening balances (511001–511003 / 5121xx) mapped to stocks categories 6212 / 6218 / 6318.

*Executive Summary, cr1887. Source: Mission team.*

### Executive Summary ......................................................................................................

### Executive Summary

### Mission overview and objectives
- A government finance statistics (GFS) technical assistance (TA) mission comprising Mr. Johan Mathisen (East African Regional Technical Assistance Center (AFE) GFS advisor) and Mr. Ismael Ahamdanech Zarco (GFS expert) visited Kigali during July 15–24, 2014 and January 12–16, 2015. Mr. Michael Gitau from the East African Community (EAC) Secretariat participated in the July 2014 mission.
- Mission objectives:
  - Align compilation and dissemination of GFS under the Government Finance Statistics Manual 2014 (GFSM 2014).
  - Develop a GFSM 2014 implementation plan.
  - Develop a bridge table to compile GFS from Rwanda’s source data.
  - Review and align the institutional table of Rwanda’s public entities.
  - Discuss methodological issues such as the recording of grants.
  - Fill GFS questionnaires and update the General Data Dissemination System metadata template.
  - Provide GFS training to counterpart staff (Mr. Zarco provided training during July 21–24, 2014).
- The mission is part of the AFE/East African Community (EAC) collaboration program to assist EAC Partner States achieve fiscal data requirements associated with the East African Monetary Union Protocol.

### Key findings on institutional arrangements and legal framework
- The Organic Law on State Finances and Property (Law No. 12/2013, issued on 12/09/13) is the key budget legislation; it assigns responsibility to the minister in charge of finance and makes the Accountant General responsible for monitoring and coordinating accounting activities and compliance with public sector accounting and financial reporting standards (Article 63).
- The mission strongly welcomes the establishment of a formal interagency GFS technical working group and the development of a detailed roadmap based on the EAC fiscal data development (GFSM 2014 implementation) plan.
- The mission endorsed the authorities’ work program and a step-by-step approach starting with producing solid and credible budgetary central government data.

### Institutional coverage of the public sector (structure and classification)
- Public sector composition:
  - General government: central government (budgetary central government (BCG) and extrabudgetary central government), local government (LG), and social security funds.
  - Public corporations: 12 public corporations.
- Central government details:
  - BCG comprises the chamber of deputies, 18 ministries, national public prosecution authority, president’s office, prime minister’s office, 4 provinces, senate, supreme court, and 63 other government bodies.
  - 19 extrabudgetary units (EBUs)—mainly higher learning institutions, hospitals, and research institutions (see Appendix III).
- Local government: 30 districts and the Kigali City Council.
- Social security funds: Rwanda Social Security Board (RSSB).
- Classification issues noted:
  - 9 of the 12 public corporations appear to follow GFSM 2014 sectoring guidelines.
  - Military Medical Insurance (MMI) and the Rwanda Social Security Board (RSSB) should be classified as social security funds and part of general government in line with draft regional GFS guidelines.
  - Rwanda Utilities and Regulatory Agency (RURA) should be reclassified into general government because it primarily provides licenses for fees.

Recommendations (institutional coverage):
- The full list of government entities, consistently sectorized with GFSM 2014 guidelines, should be verified, promulgated across government agencies, and submitted to the IMF.
- The institutional table should be verified annually to classify new entities, remove non-existing entities, and reassess borderline cases to ensure consistency with GFSM 2014, including scope of the public sector.

### Accounting and statistical systems (coverage, gaps, and data flows)
- IFMIS coverage:
  - IFMIS coverage has recently been expanded and now broadly covers all BCG and LG revenue and expenditure, with exceptions.
  - Not covered by IFMIS: tax and non-tax revenue from Rwanda Revenue Authority (RRA), inflows from external grants and project loans, EBUs, and social security funds (except transfers received from central government).
- Recording basis:
  - Expense is recorded in IFMIS on a payment order basis; payment orders are registered in the Ministry of Finance (Treasury) only when the good or service is received, creating a float until cash outflows from the single treasury account.
  - To compile GFS on a pure cash basis, expenses need to be moved from payment order to cash basis of recording.
- Revenue sources:
  - Two revenue sources recorded on a cash basis: tax and non-tax revenue.
  - RRA uses its own system (dividing domestic and external tax revenue) not yet included in IFMIS; RRA’s classification matches the BCG Chart of Accounts (CoA), so the mission’s mapping table can be used.
  - RRA collects taxes on behalf of LG—proper reassignment is required so such income is recorded as LG revenue, not BCG revenue.
- External grants and project loans:
  - External aid can be disbursed as direct payments to third parties (contractors) or as cash transfers to government.
  - Cash transfers to government are observable via deposits to government accounts at the National Bank of Rwanda (BNR); direct payments to contractors cannot be directly tracked.
  - Authorities are improving recording of external grants by collecting information from donors and project agencies; External Finance Unit collects budgeted direct payments and includes them in the budget.
  - Single Project Implementation Units are being established in each ministry and are expected to introduce project budget execution information in IFMIS for the 2015/16 budget; Ministry of Infrastructure has not yet established a Single Project Implementation Unit.
- EBUs:
  - EBUs do not report in IFMIS; some use the same classification as BCG CoA, others do not.
  - The Subcommittee on Compilation (SCO) developed reporting tables to gather common GFS information from entities not reporting in IFMIS; the mission reviewed and helped the SCO complete those tables.

Recommendations (accounting and statistical systems):
- Include in the GFS compilation framework data from EBUs, the RRA, and the social security funds.
- Use the templates developed for reporting EBUs and public corporations so data can be timely incorporated in the GFS compilation.

### Chart of Accounts (CoA) and bridge table
- The new CoA introduced in 2011/12 covers most government units and is sufficiently detailed and broadly consistent with GFSM 2014, though some items are not classified in line with GFSM codes.
- The mission developed a bridge table (shown in Appendix V) to fully map the CoA so consistent GFS aggregates can be derived.
- Work is underway to integrate the CoA-GFS mapping table into IFMIS to enable direct GFS data extraction for entities reporting in IFMIS.
- Asset and liability transactions and stocks: budget CoA is insufficiently detailed for some splits; the mission provided a draft proposal for a more detailed CoA for such items, to be fine-tuned and mapped by the mission.
- For entities not reporting in IFMIS (RRA, EBUs) or for external project grants and loans, timely channels of sharing information should be established.

Recommendations (CoA and bridge table):
- Establish procedures for updating the CoA-GFS mapping framework and regularly review it within IFMIS.
- For entities not reporting in IFMIS but using the budget CoA, establish timely channels of sharing information.
- Use developed templates for other reporting entities and items (EBUs, project grants and loans) to obtain consistent and timely GFS data.

### GFSM 2014 implementation plan and sequencing
- The mission reviewed GFSM 2014 implementation progress with the authorities and agreed on a detailed timetable for gradually expanding coverage and frequency of GFS in line with GFSM 2014.
- Implementation of the plan will ensure Rwanda satisfies fiscal data requirements associated with the East African Monetary Union.

Key implementation guidance and sequencing:
- Adopt a step-by-step approach beginning with producing solid and credible budgetary central government data.
- Conduct trial runs of the bridge table using budgetary central government source data; then expand to include LG sector and EBUs to eventually produce trial general government data.
- Recognize that increasing frequency and expanding coverage to LG and EBUs will be iterative and require sustained efforts and close TA engagement.

Main mission recommendations (summary):
- Implement the authorities’ plans to improve coverage, frequency, and timeliness of fiscal reporting consistent with international standards.
- Fully align sectorization of government and classification of revenue and expenditure with international standards.
- Finalize and integrate the GFSM 2014 bridge table into the GFS production process.
- Develop and implement seamless reporting mechanisms to capture EBU and social security funds data.
- Expand fiscal reporting to include stocks of financial assets and liabilities.

Final note:
- The mission thanked the authorities for their hospitality and support, which contributed to the missions’ success.

*Executive Summary, cr1887.*

### 20.      The Ministry of Finance and Economic Planning has set up an interagency technical

### 20.      The Ministry of Finance and Economic Planning has set up an interagency technical working group in charge of the development of the GFSM 2014 implementation plan shown.

### Technical working group: structure and responsibilities
- The technical working group (TWG) is divided into three subcommittees and is chaired by the Deputy Accountant General.
- Subcommittees and responsibilities:
  - (i) Subcommittee on Monitoring and Planning (SMP): in charge of the development of a roadmap for the compliance with the implementation plan and its monitoring.
  - (ii) Subcommittee on Classification (SCL): in charge of the classification of units and flows and stocks.
  - (iii) SCO: in charge of the development of reporting templates and the data compilation.
- Recommendation:
  - Apply the technical working group’s road map and maintain efforts to compile general government GFS data on a timely basis.

### Implementation progress, planned tasks, and timelines
- Completed/ongoing tasks:
  - Development of a road map for migration to a GFSM 2014 framework.
  - Linkage of the CoA classifications with the corresponding GFSM 2014 economic classifications.
- Tasks foreseen in the coming months:
  - Mapping of historical series to the updated fiscal reporting framework.
  - Preparation and publishing of GFSM 2014-compliant fiscal and debt data.
- Mission review:
  - The mission reviewed and agreed with the Rwandese authorities on the technical working group’s roadmap and emphasized that GFS compilation is a step-by-step process, requiring determined efforts.

### Project objectives, verifiable indicators, targets, and assumptions
- Objective:
  - To compile and publish monthly, quarterly and annual general GFS according to the GFSM 2014.
- Verifiable indicators:
  - Dissemination of monthly, quarterly and annual GFS to the public, the EAC Secretariat, and publication in the International Financial Statistics and Government Finance Statistics Yearbook.
- Target Date:
  - 2017
- Assumptions:
  - Assumes commitment to replace the current GFSM 1986 tables with GFSM 2014 tables in all internal and external fiscal tables, including budget statements, an adequately resourced GFS team, and that the necessary technical support is available on a timely basis.

### Project outputs, verifiable indicators, target dates, and implementation status (selected)
- Conduct regular GFS TWG meetings/workshops.
  - Verifiable Indicators: Minutes and training material from committee meetings and workshops.
  - Target Date: July 2014
  - Implementation Status: The TWG has been established and the GFSM 2014 the tasks of the implementation plan have been allocated to its members. Members of the TWG are expected to be at the GFS training course conducted by IMF experts in Rwanda during July 2015.
- Define and maintain an institutional structure of the general government consistent with GFSM 2014 guidelines.
  - Verifiable Indicators: Finalized general government sector institutional table and tentative comprehensive lists of public corporations, with specified procedures to make future changes as needed.
  - Target Date: December 2014
  - Implementation Status: The classification of institutional units into their relevant subsectors is ongoing, based on preliminary list of general government and public sector entities. The main pending task is the inclusion of the RSSB and the Military Medical Insurance in the central government sector. This will be addressed in the context of regional developments.
- Link country’s CoA classifications with the corresponding GFSM 2014 economic classifications.
  - Verifiable Indicators: Verified derivation tables linking national CoA classifications and the corresponding GFSM 2014 classifications.
  - Target Date: June 2015
  - Implementation Status: The current CoA classifications have been mapped with the corresponding GFSM 2014 classifications, but this needs to be updated and verified.
- Link country’s CoAs classifications with the corresponding GFSM 2014 Classification of the Functions of Government (COFOG).
  - Verifiable Indicators: Verified bridging tables that link the national CoAs classifications and the corresponding COFOG classifications.
  - Target Date: June 2015
  - Implementation Status: Existing bridging tables need to be verified and updated as necessary.
- Reflect the updated GFS economic and functional classification tables in budget tables.
  - Verifiable Indicators: Presentation of GFSM 2014 and COFOG tables and related analysis in annual budget.
  - Target Date: 2015/16 budget
  - Implementation Status: Implementation requires verified economic and functional classification bridging tables, and sufficient relevant analytical capacity. Before next year’s budget, the bridge table is expected to be will be verified.
- Disseminate GFSM 2014 compliant BCG data for FY2011/12 thru 2012–13.
  - Verifiable Indicators: Presentation of Statement of Sources and Uses of Cash, Statement of Operations (including Revenue and Expense summaries) by GFS, and dissemination of COFOG data.
  - Target Date: June 2015
  - Implementation Status: GFSM 2014-compliant BCG data have not yet been disseminated.
- Incorporate the CoA-GFS bridge table and automate the report compilation.
  - Verifiable Indicators: Production of GFS reports directly from the source data.
  - Target Date: June 2015
  - Implementation Status: Incomplete, further progress requires full implementation of verified of bridge (currently in process). Moreover, EBUs and RSSB are not in the IFMIS, so their accounts need to be manually compiled. There is no calendar to include them in IFMIS.
- Disseminate GFSM 2014-compliant central government data for FY2014.
  - Verifiable Indicators: Presentation of Statement of Sources and Uses of Cash, Statement of Operations (including Revenue and Expense summaries) by GFS, and dissemination of COFOG data.
  - Target Date: September 2016
  - Implementation Status: Requires finalization of institutional table for the general government sector, implementation of verified economic and functional classification bridging tables, and sufficient data dissemination capacity. Moreover, it requires the integration of EBUs, which data compilation is still manual as they are not in the IFMIS.
- Disseminate GFSM 2014-compliant LG data for FY2014.
  - Verifiable Indicators: Presentation of Statement of Sources and Uses of Cash, Statement of Operations (including Revenue and Expense summaries) by GFS, and dissemination of COFOG data.
  - Target Date: February 2016
  - Implementation Status: Requires finalization of institutional table for the general government sector, implementation of verified economic and functional classification bridging tables, and sufficient data dissemination capacity. Timely data available as due to LG inclusion in the IFMIS.
- A full roll-out of IFMIS or implementation of reporting mechanisms that are comprehensive, timely, and GFSM 2014-compliant for:
  - BCG
  - Extrabudgetary entities
  - LGs
  - Social Security Funds
  - Verifiable Indicators: Integrated financial reporting or formal reporting relationship is established (via memorandum of understanding or reporting instructions) with the relevant entities or ministries.
  - Target Status: Completed for budgetary units of central government and all units of LG. Target date for EBU of central government and RSSB require further consultations.
  - Implementation Status: Data capture requires complete identification of sources data and that all budgetary and revenue units use IFMIS for all transactions or establishing procedures, including There is a need to integrate EBUs and RSSB in the IFMIS.
- Expand coverage of GFS (flows) to include all general government units.
  - Verifiable Indicators: General government finance statistics (flows) compiled disseminated.
  - Target Date: June 2017
  - Implementation Status: Compilation of general GFS would need to be finalized ahead of commencing dissemination of such data (end 2017 overall objective).
- Include stocks of financial assets and liabilities in the GFS of BCG.
  - Verifiable Indicators: Timely dissemination of annually BCG GFS including stocks of nonfinancial and financial assets and liabilities (Financial Balance Sheet).
  - Targets:
    - For Financial Liabilities: June, 2015
    - For Financial Assets: June, 2016
  - Implementation Status: Full data capture requires maintaining an updated inventory and valuation of all financial assets and liabilities.
- Include stocks of financial assets and liabilities in the GFS of extrabudgetary, LG, and social security fund units.
  - Verifiable Indicators: Timely dissemination of quarterly central government GFS including stocks of nonfinancial and financial assets and liabilities (Financial Balance Sheet) are produced on a regular basis.
  - Targets:
    - For Financial Liabilities: June, 2015
    - For Financial Assets: June, 2016
  - Implementation Status: Incomplete. Full data capture requires maintaining an updated inventory and valuation of all financial assets and liabilities. For EBUs and social security funds, signed Memorandums of Understanding may be required to ensure timely data submissions.
- Compile and disseminate public debt statistics of the general government sector.
  - Verifiable Indicators: Annual general government sector debt statistics compiled and disseminated.
  - Target Date: June 2015
  - Implementation Status: Incomplete. Full data capture requires maintaining an updated inventory and valuation of all liabilities. For EBUs and social security funds, signed Memorandums of Understanding may be required to ensure timely data submissions.

### Resources, training, and technical assistance
- Training provided:
  - A training course was provided to staff of the Ministry of Finance and Economic Development, the RRA, and National Institute of Statistics Rwanda during July 21–24, 2014. The course had participants from all agencies and institutions involved in the compilation and dissemination of GFS.
  - A new GFS training course was requested and will take place in July 6–10, 2015.
- Mission schedule and follow-up:
  - The mission will return as agreed during January 12–22, 2016 to take stock of progress on implementing the recommendations and provide further support for Rwanda’s fiscal data (GFSM 2014) development plan.
  - Continued TA focus: supporting efforts to improve the coverage, timeliness, and frequency of Rwanda’s GFS.
- Confirmed planned activities:
  - The next full GFS TA mission is expected to occur in January 2016. A short focused technical visit by a GFS expert is scheduled to overlap with the November workshop in Rwanda.
  - Rwanda will continue to be invited to regional GFS workshops. It is expected that Rwanda’s delegates will gradually assume a larger role and responsibility in the regional activities.
  - A joint EAC/AFE GFS training course focusing on junior GFS compilers and financial officers will take place in Rwanda in July 2015.
- Table 1. GFS Technical Assistance Activities for 2015/16 (Type, Start date, End date, Location)
  - Training course — 6-July-15 — 10-July-15 — Kigali
  - Regional workshop — 24-Aug-15 — 28-Aug-15 — Tanzania
  - Technical visit — 9-Nov-15 — 13-Nov-15 — Kigali
  - Regional workshop — 16-Nov-15 — 20-Nov-15 — Rwanda
  - GFS mission — 12- Jan-16 — 22-Jan-16 — Kigali

### Institutional structure, coverage, and accounting practices (selected)
- Institutional structure of general government (Rwanda):
  - Central Government
    - Subsector 1. Budgetary central government
      - e1.1 Chamber of deputies, ministries (18), national public prosecution authority, president’s office, prime minister’s office, provinces (4), senate, and supreme court
      - e1.2 Other government bodies (63)
    - Subsector 2. Extrabudgetary units/entities
      - e2.1 Institutions of higher learning, national hospitals, and research institutions (19)
    - Subsector 3. Social security funds
      - e3.1 Rwanda Social Security Board
      - Military Medical Insurance
  - State Governments
    - Subsector 4. State governments
      - e4.1 Not applicable
  - Local Governments
    - Subsector 5. Local governments
      - e5.1 30 districts
      - e5.2 Kigali City Council
- Data coverage:
  - Data in central government tables cover operations of subsector 1.
  - The changes in currency and deposits are included under loans in financial assets because the information available is for net credit to government (loans minus deposits). For this reason Statement II shows zeros as values under Net change in the stock of cash.
- Accounting practices:
  - Bases of recording: The data compiled for budgetary central government are on a modified cash basis.
  - Liquidation or complementary period: Not reported.
  - Valuation of assets and liabilities: Not reported.
- GFSM 2014 Implementation Plan:
  - Prepared and approved by Rwanda’s GFSTWG during 2014. The authorities have set up an interagency technical working group (TWG) in charge of the development of the GFSM2014 implementation plan divided in three subcommittees and chaired by the Deputy Accountant General. The three subcommittees are (i) SMP; (ii) SCL; and (iii) SCO. The SMP is in charge of the development of a roadmap for the compliance with the implementation plan and its monitoring. The SCL is in charge of the classification of units and flows and stocks while the SCO takes care of the development of reporting templates and the data compilation. Implementation so far is described above.
  - This institutional table is based information provided by the authorities in January 2015.

### Appendix highlights: classification code changes and entities
- Appendix II: Selected new GFSM 2014 classification codes (Revenue, Expense, Net transactions in assets and liabilities) — examples include:
  - REVENUE: 11414 Taxes on financial and capital transactions; 14111 Interest from nonresidents; 14112 Interest from residents other than general government; 14113 Interest from other general government units; 1416 Reinvested earnings on foreign direct investment; 14411 Subsidies; 14412 Other; 1451 Premiums, fees, and current claims; 14511 Premiums; 14512 Fees for standardized guarantee schemes; 14513 Current claims; 1452 Capital claims.
  - EXPENSE: 253 Subsidies to other sectors; 2811 Dividends; 2812 Withdrawals from income of quasi-corporations; 2813 Property expense for investment income disbursements; 2814 Rent; 2815 Reinvested earnings on foreign direct investment; 283 Premiums, fees, and claims related to nonlife insurance and standardized guarantee schemes; 2831 Premiums, fees, and current claims; 28311 Premiums; 28312 Fees for standardized guarantee schemes; 28313 Current claims; 2832 Capital claims.
  - NET TRANSACTIONS IN ASSETS AND LIABILITIES: 3114 Weapons systems; 3211 Monetary gold and SDRs; 33061 Nonlife insurance technical reserves; 33062 Life insurance and annuities entitlements; 33063 Pension entitlements; 33064 Claims of pension funds on pension manager; 33065 Provisions for calls under standardized guarantee schemes.
- Appendix IV: Selected list of general government entities and public corporations (numbered):
  - Public Financial Corporations: 1. National Bank of Rwanda
  - Public Nonfinancial Corporations: 2. Energy, Water, and Sanitation Authority (EWSA); 3. Rwanda Civil Aviation Authority (RCAA); 4. ONATRACOM; 5. Rwandair; 6. Rwanda Grains and Cereals Corporation (RGCC, Ltd); 7. National Post Office; 8. King Faisal Hospital; 9. Horizon Group, Ltd.

*Source: Mission team.*

### Appendix V. Bridge Table(s) Linking National and GFSM 2014 Classifications

### Appendix V. Bridge Table(s) Linking National and GFSM 2014 Classifications

### Revenues — Tax Revenue (1 / 11 / 111 / 1111 / 1112 / 113 / 114 / 115)
- Rwanda Chart of Accounts codes mapped to GFSM 2001 and GFSM 2014 classifications (selected examples):
  - 111101: Pay As You Earn → 1111: Taxes on income: Payable by individuals → 1111: Taxes on income: Payable by individuals
  - 111102: Interest on Pay As You Earn → 1411: Other revenue: Property income: Interest → 1411: Other revenue: Property income: Interest
  - 111104: Tax on Rental Income → 11412: General taxes on goods and services: Sales taxes → 11412: General taxes on goods and services: Sales taxes
  - 111225: Interest on Corporation Income Tax → 1411: Other revenue: Property income: Interest → 1411: Other revenue: Property income: Interest
  - 111226: Withholding Tax on Public Supplies 5% Customs → 1151: Taxes on international trade and transactions: Customs and other import duties → 1151: Taxes on international trade and transactions: Customs and other import duties
  - 1131 / 113104 / 113109: Taxes on Immovable Property / Tax on property - plots and land / Property tax on vehicles → 1131: Taxes on property: Recurrent taxes on immovable property / 11451: Taxes on use and permission of goods and services: Motor vehicles taxes (as applicable)
  - 114101 / 114104 / 114107: Value Added Tax Principle / Value Added Tax – Arrears / VAT on offset Refund → 11411: General taxes on goods and services: Value-added taxes → 11411: General taxes on goods and services: Value-added taxes
  - 114121–114207: Excise duty on local Beer / Soft Drink / Wines & Liquor / Cigarettes / Mineral water / Airtime / Fruit Juice → 1142: Taxes on goods and services: Excises → 1142: Taxes on goods and services: Excises
  - 114501 / 114503: Axle Tax / Axle Tax – Interest → 11451: Taxes on use and permission of goods and services: Motor vehicles taxes → 11451: Taxes on use and permission of goods and services: Motor vehicles taxes
  - 115101–115121: VAT Collections on Imports / Excise duty on (imports) / Import Duty Petrol Products / Import Duty Other Goods / Tax on Export of Coffee / Tea / Other Customs Revenues / Warehousing fees / Handling Charges → 11411 / 1142 / 1151 / 1152 / 1156 as appropriate in GFSM 2014 (e.g., 11411: Value-added taxes; 1142: Excises; 1151: Customs and other import duties; 1152: Taxes on exports; 1156: Other taxes on international trade and transactions)

### Revenues — Non-Tax and Other Revenue (142 / 143 / 145 / 144 / 146 / 15x)
- Selected mappings for non-tax and incidental revenues:
  - 143101 / 143102 / 143103 / 143203 / 143206 / 145105: Court fines / Contraventions to the traffic rules / Gage and Bank fines / Penalties of commerce cases / Other penalties and contraventions / Confiscation → 143: Other revenue: Fines, penalties, and forfeits → 143: Other revenue: Fines, penalties, and forfeits
  - 142702 / 142703 / 142704 / 142709 / 142708 / 142737 / 142735 / 142710: Passport/Travel Document fees / Migration Visas / Notary Charges / Consular Fees / Sale of Accreditation Cards / Sale of standards / Sale of flags / Work Permits → 1422: Other revenue: Sales of goods and services: Administrative fees → 1422: Other revenue: Sales of goods and services: Administrative fees
  - 142735 / 142741 / 142744 / 142740 / 142738: Sale of flags / Performance Security / Land Registration Certificate Fees / Sale of maps / Calibration and verification costs → 1423: Other revenue: Sales of goods and services: Incidental sales by nonmarket establishments → 1423: Other revenue: Sales of goods and services: Incidental sales by nonmarket establishments
  - 145101–145112: Training Deduction / Graduation Gown Fees / Received money for indemnisation of losses caused to Gvt / Scholarship Loan Recovery / Confiscation / VAT Refund / Caution funds collected / Drawdown from government reserves / FARG Revenues collected by RRA / Sale of small equipments and tools / Gain of currency exchange and translations / Other refunds → 145: Other revenue: Miscellaneous and unidentified revenue → 145 or mapped to GFSM 2014 categories such as 11411 (VAT) or 3214B for repayments where specified (e.g., 145104: Scholarship Loan Recovery → 3214B: Transactions - Repayments: Net acquisition of financial assets : Domestic - Loans)

### Voluntary Transfers and Grants (144 / 1332)
- Mappings for voluntary transfers and AGACIRO fund:
  - 144101–144103: Foods relief contribution / Blankets relief contributions / Medical relief supplies contributions → 1441: Other revenue: Voluntary transfers other than grants: Current → 14412: Other revenue: Other current transfers not elsewhere classified
  - 144201–144209: Transfers for construction or purchase of hospitals / schools / museums / cultural centres / Gifts of land / buildings / machinery / intangible assets → 1442: Other revenue: Voluntary transfers other than grants : Capital → 1442: Other revenue: Voluntary transfers other than grants : Capital
  - 144301: Contributions from government institutions (AGACIRO Development Fund Contributions) → 1332: Grants from other general government units: Capital → 1332: Grants from other general government units: Capital
  - 144302–144308: Contributions from government employees / other citizens / diaspora / corporate / friends of Rwanda / business employees / NGOs → 1442: Other revenue: Voluntary transfers other than grants : Capital → 1442: Other revenue: Voluntary transfers other than grants : Capital

### Disposal of Assets and Sales (15x / 31x / 312x / 313B / 314x)
- Disposal of tangible fixed assets and inventories:
  - 151101–151104: Dwellings / Non residential buildings / Infrastructure structures / Other structures → 31111B / 31112B / 31113B: Transactions - Disposals: buildings and structures → GFSM 2014: 31111B / 31112B / 31113B
  - 1512x / 151201–151209: Transport equipment (Saloon vehicles, Motorbikes, Trucks and Heavy Vehicles, Fire trucks, Ambulances, Aircrafts, Agricultural Machinery, Heavy Road Equipment, Other transport Equipments) → 31121B / 31122B: Transactions - Disposals: machinery and equipment: Transport equipment / Other equipment
  - 152101–152102 / 152199: Strategic Stocks — Petroleum / Grains / Other strategic stocks → 3121B: Transactions - Disposals: Inventories: Strategic stocks
  - 153101–153199: Valuables — Paintings / Sculptures / Jewelery / Precious stones / Precious metal / Other valuables → 313B: Transactions - Disposals: valuables
  - 154101–154205: Sale of Non Produced Assets — Land / Water / Soil / Improvement on land / Sub soil assets (Natural Gas, Oil, Metallic mineral reserves, Non-Metallic minerals, Other natural resources exploitation) → 3141B / 3143B / 31114B / 3142B as appropriate (Transactions - Disposals categories)

### Proceeds from Loan Borrowings and Repayments (16x / 161 / 162 / 29x / 291 / 292)
- Borrowing proceeds and repayments classification highlights:
  - 161101–161108: Domestic loans — Treasury bills / Corporate bonds / Corporate loans / Treasury bonds / Loans from Local Banks / Loans from Public enterprises / REPO / Drawdown of reserves → 331A / 3313A / 3314A / 3202B: Transactions - Disbursements / Repayments: Net incurrence of liabilities: Domestic (securities other than shares, loans) and repayments categories
  - 162101–162103: Foreign loan borrowing — Capital borrowing from foreign governments / foreign institutions / budgetary loans from international organizations → 3324A: Transactions - Disbursements: Net incurrence of liabilities: Foreign - Loans
  - 291101–291106: Repayment of domestic public debt — Treasury bills / Corporate bonds / Corporate loans / Treasury bonds / Loans from Local Banks / Loans from Public enterprises → 3313B / 3314B: Transactions - Repayments: Net incurrence of liabilities: Domestic - Securities other than shares / Loans
  - 292101–292102: Repayment of foreign public debt — Foreign Governments / Foreign Institutions → 3324B: Transactions - Repayments: Net incurrence of liabilities: Foreign - Loans

### Expenditures — Compensation of Employees and Social Contributions (21x / 211 / 212 / 213 / 214)
- Compensation of employees and related mappings:
  - 2111xx / 2112xx / 2113xx (Salaries in cash for political appointees / diplomats / other employees — Basic salary / Transport Allowances / Housing / Responsibility Allowances / Leave Pay / Performance Bonus / Luncheon / Regularization / Other Allowances) → 2111: Compensation of employees: Wages and salaries in cash (GFSM 2014)
  - 2121xx–2123xx (Salaries in kind for political appointees / diplomats / other employees) → 2112: Compensation of employees: Wages and salaries in kind
  - 213101–213109: Government Contributions to social security / Health Insurance / Pension/Provident funds for political appointees / diplomats / other employees → 2121: Compensation of employees: Actual social contributions
  - 212401 / 2141: Arrears on salaries / Salaries arrears → 2111: Compensation of employees: Wages and salaries in cash

### Expenditures — Use of Goods & Services and Other Expenditures (22x / 221–229 / 28x / 281–285)
- Major categories and mappings:
  - 2211xx–2217xx: Office Supplies & Consumables / Water and Energy / Rental Costs / Communication Costs / Insurances and licences / Bank charges and commissions / Public Relations and Awareness → 22: Use of goods and services (GFSM 2014)
  - 221501–221507: Building insurance / Automobile and Aircrafts insurance / Insurance of other long term assets / Insurance of employees / Insurance of students / Insurance from responsibility for third party / Other insurance costs → 2821: Other expense: Miscellaneous other expense: Current → 2831: Premiums, fees and current claims (GFSM 2014 mapping shown)
  - 2221xx: Professional and contractual Services (Translations / Legal Fees / Accountancy and Audit Fees / Seminar fees / Technical Assistance remuneration / Contractual personnel / Research costs) → 22: Use of goods and services
  - 2231xx: Transport & Travel (Domestic/Foreign transportation costs / Per Diems / Aircraft Hire / Fuel / Meals / Accommodation / Freight / Haulage / Clearing of goods / Government contribution to cost of purchase of motor vehicle) → 22: Use of goods and services
  - 2241xx–2242xx: Maintenance, Repairs and Spare Parts (Administrative Buildings / Military Buildings / Hospital Buildings / Roads, Highways & Bridges / Networks infrastructures / Vehicles & Motorbikes / Spare Parts, Construction consumables) → 22: Use of goods and services
  - 231–236: Acquisition of fixed assets, inventories, valuables, non-produced assets, investments in financial assets — mapped primarily to Transactions - Acquisitions categories in GFSM 2014 (e.g., 31111A, 31121A, 31122A, 31131A, 31132A, 3121A, 313A, 3141A, 3215A, 3222A)
  - 2821–2822: Scholarships and other education benefits (reimbursable scholarships → 321A / 3214A: Transactions - Disbursements: Net acquisition of financial assets : Domestic - Loans; non-reimbursable scholarships → 2821 Other expense: Miscellaneous other expense: Current)
  - 285105–285107: VAT refund / Other tax refund / Non tax revenue refund → 11411: General taxes on goods and services: Value-added taxes / 1162: Other taxes: Payable by other than business or unidentifiable (GFSM 2014 mapping)

### Interest, Subsidies, Grants, Transfers, and Social Benefits (24x / 25x / 26x / 27x)
- Interest:
  - 241101–241110: Interest on domestic debt (Interest - Treasury bills / Development Bonds / Overdrafts / Loans from Local Banks / Loans from Public enterprises / Other domestic interest) → 242: Interest : To residents other than general government (GFSM 2014)
  - 241201–241203: Interest on external debt (Interest on External loans to Treasury / administered external loans / other external loans) → 241: Interest : To nonresidents
- Subsidies:
  - 251101 / 251201–251202: Subsidies to nonfinancial public corporations / subsidies to financial public corporations / open market operations → 2511 / 2512: Subsidies: To nonfinancial public corporations / To financial public corporations (GFSM 2014)
  - 2521xx / 2522xx: Subsidies to Non Financial Private Enterprises / Subsidies to Financial Private Enterprises → 2521 / 2522: Subsidies: To nonfinancial private corporations / To financial private corporations
- Grants and Transfers:
  - 2611 / 2612 / 2621 / 2622 / 2631–2634 / 2641–2642: Grants to foreign governments / international organizations / Treasury transfers (current and capital) / transfers for salaries / transfers for social contributions / transfers to other government reporting entities / transfers to independent development projects → GFSM 2014 mappings such as 2611: To foreign governments : Current; 2612: To foreign governments : Capital; 2621: To international organizations : Current; 2622: To international organizations : Capital; 2631/2632: To other general government units: Current/Capital; 2633: To other general government units: Current for salary transfers; 2634: To other general government units: Current for social contributions; 2641: To other general government units: Current; 2642: To other general government units: Capital
- Social Benefits:
  - 272101–272106 / 272201–272205: Social Assistance Benefits — In Cash / In Kind (Pooling risks for health insurance / Assistance to orphans / Assistance to vulnerable groups / Compensation to deceased / Care of the destitute / Other unclassified social assistance) → 2721: Social benefits: Social assistance benefits in cash ; 2722: Social benefits: Social assistance benefits in kind
  - 2731xx–2732xx: Employer Social Benefits in cash / in kind (Medical Allowances & Costs Abroad / Education Allowances / Deceased and funeral costs / Terminal Benefits for political appointees / diplomats / other employees) → 2731: Social benefits: Employer social benefits in cash ; 2732: Social benefits: Employer social benefits in kind

### Assets, Liabilities, Funds Held, and Accumulated Reserves (3x / 31x / 32x / 41x / 42x / 43x / 5x)
- Assets — Domestic and Foreign Financial Assets:
  - 3111–3115 / 3211–3215 / 311101 / 321101 etc.: Cash holdings, Bank Accounts, Deposits (domestic and foreign) → 6212 / 6222: Stocks - Financial assets : Domestic/Foreign - Currency and deposits (GFSM 2014 Stocks categories)
  - 3121–3126 / 3221–3226: Accounts receivable (third parties, employees, intra-government debtors, dividends, scholarship loans) → 6218 / 6228: Stocks - Financial assets : Domestic/Foreign - Other accounts receivable; 6214 / 6224: Stocks - Financial assets : Domestic/Foreign - Loans for scholarship loan lines
- Liabilities — Domestic and Foreign:
  - 412101–412108 / 422101–422108: Accounts Payables - Suppliers Control / Caution money / SFAR Student living Allowances / Returned salaries / Returned payments / Prepayments / Transit funds – control account / Other Accounts Payable → 6318 / 6328: Stocks - Liabilities : Domestic/Foreign - Other accounts payable
  - 412201–412208 / 422201–422208: Payroll liabilities (Outstanding Salaries & Wages / Outstanding Terminal Dues / TPR Payable / RAMA Contributions Payable / MMI Contributions Payable / CSR Contributions Payable / SFAR deductions Payables / Other contributions Payables) → 6318 / 6328: Stocks - Liabilities : Domestic/Foreign - Other accounts payable
- Funds held on behalf of third parties and revenue collection control:
  - 431101–431104: Court deposits / Deceased estates / Prisoners funds / Other trust funds → 6328: Stocks - Liabilities : Foreign - Other accounts payable (GFSM 2014 mapping provided)
  - 441101 / 442101–442104: Revenue Collection Control - RRA / Kigali City (Gasabo / Nyarugenge / Kicukiro / Kigali City Council) → 6318: Stocks - Liabilities : Domestic - Other accounts payable
- Accumulated Reserves and Opening Balances:
  - 511001–511003: Bank & cash opening balance / Receivables opening balance / Payable opening balance → 6212: Stocks - Financial assets : Domestic - Currency and deposits ; 6318: Stocks - Liabilities : Domestic - Other accounts payable
  - 5121xx: Prior year Adjustment — Bank & cash Adjustment / Receivables Adjustment / Payables Adjustment → 6212 / 6218 / 6318 Stocks mappings in GFSM 2014

*Source: Appendix V. Bridge Table(s) Linking National and GFSM 2014 Classifications — Rwanda Chart of Accounts mapped to GFSM 2001 and GFSM 2014 classifications (selected entries and mappings as listed in the source content).*

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_Source: https://www.imf.org/-/media/files/publications/cr/2018/cr1887.pdf_