Government Finance Statistics
Source details
- Canonical URL
- Government Finance Statistics
Other formats
Bibliographic details
- Session: OL 22.102
- Location: Course conducted online
- Dates: March 17, 2022 - May 19, 2022 (9 weeks)
- Delivery method: Online Training
- Primary language: Spanish
- Status: Deadline passed
Course identification and logistics
- Title: Government Finance Statistics (GFSx)
- Presented by: the Statistics Department
- Session No.: OL 22.102
- Location: Course conducted online
- Date: March 17, 2022 - May 19, 2022 (9 weeks)
- Delivery Method: Online Training
- Primary Language: Spanish
- Status: Deadline passed
Target audience and qualifications
- Target audience:
- Officials whose main responsibility is compiling and disseminating fiscal statistics.
- 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.
Course description and scope
- The course 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.
- Topics covered include:
- Basic concepts and definitions, accounting principles, and detailed classifications in the context of the GFSM 2014, which is harmonized with the system of national accounts.
- The GFS framework, including coverage and accounting rules (including accrual accounting).
- Classifications, balance sheets and debt.
- Sources and methods used for compiling GFS.
- Dissemination of GFS and its uses in fiscal policymaking and analyses.
Course objectives (learning outcomes)
- 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.
References