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Government Finance Statistics (GFSx)

Government Finance Statistics

This course, presented by the Statistics Department, focuses on both the conceptual framework of government finance statistics (GFS) as presented in the IMF’s Government Finance Statistics Manual 2014 (GFSM 2014) and on practical aspects of data compilation. Basic concepts and definitions, accounting principles, and detailed classifications are dealt with in the context of the GFSM 2014, which is harmonized with the system of national accounts. The course examines the GFS framework, as well as its coverage and accounting rules (including accrual accounting), classifications, balance sheets and debt, and the sources and methods used for compiling GFS. Lastly, the course discusses the dissemination of GFS and its uses in fiscal policymaking and analyses.

Read More Topic : Macroeconomic Statistics

    Target Audience

    Officials whose main responsibility is compiling and disseminating fiscal statistics.

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    Qualifications

    Some knowledge of economics and statistics is helpful. Access to a computer with a reliable Internet connection and a Google Chrome web browser and basic Microsoft Excel skills are essential.

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    Course Objectives

    Upon completion of the course, participants should be able to:

    • Explain the GFS integrated framework, understand its advantages and the importance of comprehensive, consistent, and internationally comparable fiscal data for fiscal policy design, monitoring, and evaluation.
    • Apply the main macroeconomic principles to identify public sector institutional units and distinguish between general government units and public corporations. 
    • Apply the basic macroeconomic concepts, principles, and accounting rules to identify, classify, and record transactions, other economic flows, and stock positions.
    • Explain how specific government operations and other flows outside the government control impact the fiscal deficit/surplus, debt, and net worth.
    • Describe the relationships between the main fiscal aggregates, and between the fiscal aggregates and other macroeconomic indicators.
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    Upcoming Offering

    Start date End date Location Session No. Primary & (Interpretation) language Apply
    January 1, 2021 April 15, 2021 Course conducted online OL 21.108 English Apply online by March 4, 2021
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    Videos

    Government Finance Statistics (GFSx) Promo

    This course examines the conceptual and practical elements of compiling and disseminating fiscal statistics according to international standards, and using them for fiscal analysis.
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    Apply Now - Application deadline approaching:

    IMF offers online training to government officials and public. Click Learn more to find our current offerings.

    Virtual : Monetary and Financial Statistics - Introductory Course (MFS-I)

    English (Arabic), January 11-14, 2021, Kuwait City, Kuwait

    Apply online by December 4, 2020

    Virtual - Financial Programming and Policies (FPP)

    English, January 11-22, 2021, Accra, Ghana

    Apply online by December 4, 2020

    Virtual : Financial Programming and Policies (FPP)

    English (Russian), February 8-19, 2021, Vienna, Austria

    Apply online by December 6, 2020

    Virtual : Fiscal Sustainability (FS)

    English (Russian), January 11-22, 2021, Vienna, Austria

    Apply online by December 6, 2020

    Virtual - Fiscal Policy Analysis (FPA)

    Arabic, January 18-28, 2021, Abu Dhabi, United Arab Emirates

    Apply online by December 6, 2020