Connect with IMF Institute
Government Finance Statistics

Online Course on Government Finance Statistics (GFSX)

Deadline passed

Session No.: OL 20.01

Location: Course conducted online

Date: August 3, 2020 - October 12, 2020 (10 weeks) New dates

Primary Language: English

    Target Audience

    Government officials, economic analysts and others interested in gaining a better understanding of public finance statistics.

    Back to top

    Qualifications

    Some knowledge of economics and macroeconomic 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.

    Back to top

    Course Description

    This course, presented by the IMF 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, the update of the 2001 edition), and on practical aspects of data compilation. The basic concepts, definitions, accounting rules, classifications and presentation tables of the GFS framework are discussed. The compilation and dissemination of comprehensive and cross country comparable GFS are explained. Finally, the course shows how to use GFS to evaluate the impact of government activities on a country's economy.

    Back to top

    Course Objectives

    Upon completion of the course, participants should be able to:
    •           Explain the basic concepts, definitions, and accounting principles in the integrated GFS framework.
    •           Classify basic government flows and stock positions according to GFSM 2014.
    •           Apply the general principles to classify an entity in the public sector and in relevant subsectors, such as the general government and public corporations.
    •           Record the fiscal flows and stocks associated with the activities of public sector entities, following the GFSM 2014 guidelines and classifications.
    •           Explain how the main GFS aggregates and analytical balances are calculated, and what they show about the government’s impact on the economy.
    •           Develop a migration plan to adopt the GFSM 2014 methodology, and compile and disseminate GFS following international guidelines.
    •           Recognize the value of comprehensive, consistent, and internationally comparable GFS, and the use of the key GFS indicators in the design, monitoring, and evaluation of fiscal policy.

    Back to top

    Important Note for Online Courses

    For Online Learning (OL) courses, which are delivered through the edX platform, you will need an additional piece of information to register: you will be prompted for your edX.org username. If you do not already have a username, please go to https://courses.edx.org/register and sign up for a free account. Once you have created an account, you may complete the IMF Institute application. If you already have an edX account, your username can be found on the top right of the screen after logging in.

    Back to top

    Apply Now - Application deadline approaching:

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

    Online: Debt Sustainability Framework for Low Income Countries

    English (English), October 7, 2020 - November 6, 2020, Course conducted online

    Apply online by September 30, 2020

    Virtual: Macro-Stress Testing (MST)

    English, November 9-12, 2020, Kuwait City, Kuwait

    Apply online by October 2, 2020

    Virtual - Fiscal Sustainability (FS)

    English (Arabic), November 9-19, 2020, Kuwait City, Kuwait

    Apply online by October 2, 2020

    Virtual - Financial Sector Surveillance (FSS)

    English, November 16-20, 2020, New Delhi, India

    Apply online by October 2, 2020

    Virtual - Legal Aspects of International Financial Institutions (LAIF)

    English, November 30, 2020 - December 4, 2020, Singapore, Singapore

    Apply online by October 2, 2020