Government Finance Statistics

Source details

Target Audience: Officials whose main responsibility is compiling and disseminating fiscal statistics.
Session No.: OL 24.165
Location: Course conducted online
Date: May 1, 2024 - April 15, 2025 (50 weeks)
Delivery Method: Online Training
Primary Language: French
Deadline status: Deadline passed

Expected academic background: degree in economics, public financial management, statistics, or equivalent experience.
Technical requirements:
- Access to a computer with a reliable Internet connection
- Google Chrome web browser
- Basic Microsoft Excel skills

Presented by: the Statistics Department
Conceptual framework: focuses on the conceptual framework of government finance statistics (GFS) as presented in the IMF’s Government Finance Statistics Manual 2014 (GFSM 2014).
Harmonization: GFSM 2014 is harmonized with the System of National Accounts (SNA 2008).
Topics covered:
- Basic concepts and definitions
- Accounting principles
- Detailed classifications in the context of GFSM 2014
- 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
Emphasis: both conceptual framework and practical aspects of data compilation

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.