Connect with IMF Institute
PSDSx

Public Sector Debt Statistics (PSDSx)

Deadline passed

Session No.: OL 23.179

Location: Course conducted online

Date: May 1, 2023 - April 15, 2024 (50 weeks)

Delivery Method: Online Training

Primary Language: Spanish

    Target Audience

    Officials whose main responsibility is compiling and disseminating public sector debt statistics.

    Back to top

    Qualifications

    Participants are expected to have a degree in economics, public financial management, statistics, or equivalent experience. 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 Statistics Department, covers the fundamentals needed to compile and disseminate comprehensive public sector debt statistics (PSDS) that are useful for policy- and decision-makers, as well as other users. The course introduces the conceptual statistical framework for PSDS—as presented in the Public Sector Debt Statistics: Guide for Compilers and Users 2011 (PSDSG 2011)—in the context of the government finance statistics (GFS) framework, which is harmonized with other macroeconomic statistical frameworks. Basic concepts, definitions, and classifications are covered, along with the principal accounting rules (including valuation and consolidation) that are relevant for PSDS compilation. The course discusses the recommended instrument and institutional coverage for compiling comprehensive, internationally comparable PSDS, and how to record contingent liabilities such as government guarantees. It also deals with the impact on PSDS of some debt-related issues such as debt assumption, debt forgiveness, on-lending, financial leases, and financial bailouts. Important PSDS compilation considerations—including what PSDS to compile and disseminate—and the IMF’s guidelines and standards on disseminating PSDS are also covered. The course also presents possible uses of PSDS, including debt sustainability analyses (DSA), and fiscal risk and vulnerability analyses.

    Back to top

    Course Objectives

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

    • Explain the essence of the GFS framework and how it relates to public sector debt statistics.
    • Apply the main macroeconomic principles to determine what is considered to be debt in the accounts of the debtor.
    • Apply the main macroeconomic principles to determine who is the debtor, classify the debtor appropriately inside or outside the public sector, and identify the types of counterparties to the debt instruments. 
    • Use the principal macroeconomic accounting rules to compile public sector debt statistics. 
    • Compile a comprehensive and internationally comparable public sector debt statistics report, with supplementary tables, that is suitable for fiscal policymaking and analyses.
    • Explain the importance of comprehensive, consistent, and comparable public sector debt statistics in various facets of fiscal policymaking, including Debt Sustainability Analysis (DSA).
    Back to top

    Apply Now - Application deadline approaching:

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

    Fiscal Frameworks (FF)

    English (French, Portuguese) | January 27-30, 2025 | In-person Training | Ebene, Mauritius

    Apply online by December 6, 2024

    Debt Sustainability Framework for Low-Income Countries - LIC-DSF

    French | January 20-25, 2025 | In-person Training | Ebene, Mauritius

    Apply online by December 6, 2024

    Consumer Price Index

    English | January 13-17, 2025 | In-person Training | New Delhi, India

    Apply online by December 7, 2024

    Financial Sector Surveillance (FSS)

    English | March 17-28, 2025 | In-person Training | Vienna, Austria

    Apply online by December 8, 2024

    National Accounts Statistics-Advanced (NAS-A)

    English (Arabic) | February 17-28, 2025 | In-person Training | Abu Dhabi, United Arab Emirates

    Apply online by December 9, 2024