Connect with IMF Institute
Macroeconomic Statistics

Introduction to Government Finance Statistics (GFS)

Deadline passed

Session No.: SA 23.28

Location: New Delhi, India

Date: August 28, 2023 - September 1, 2023 (1 week)

Delivery Method: In-person Training

Primary Language: English

    Target Audience

    The course is aimed at officials working in national statistical institutes, finance ministries or central banks involved in the compilation of fiscal statistics.

    Back to top

    Qualifications

    No specific qualification required but relevant experience in working with fiscal data is essential.

    Back to top

    Pre-requisites

    Experience of working with and compiling fiscal data is a prerequisite for participation on this course.

    Back to top

    Course Description

    This course examines the conceptual and practical elements of compiling and disseminating fiscal statistics according to international standards, useful to assess the impact of government activities on a country's economy and to facilitate international comparisons. This course, presented by IMF SARTTAC, 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. 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.
    • 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

    Apply Now - Application deadline approaching:

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

    Fiscal Sustainability (FS)

    Spanish | September 16-27, 2024 | In-person Training | Washington DC, United States

    Apply online by June 20, 2024

    Securities Statistics (SS)

    English | September 23-27, 2024 | In-person Training | Washington, D.C., United States

    Apply online by June 20, 2024

    Monetary and Financial Statistics - Advanced (MFS-A)

    English | September 2-13, 2024 | In-person Training | Singapore, Singapore

    Apply online by June 21, 2024

    IFRS 9 - A Supervisory Perspective

    English | August 26-30, 2024 | In-person Training | Thimphu, Bhutan

    Apply online by June 21, 2024

    Macroeconomic Management in Resource-Rich Countries (MRC)

    English (Russian) | September 23, 2024 - October 4, 2024 | In-person Training | Vienna, Austria

    Apply online by June 23, 2024