Government Finance Statistics (GFSx) — Training Program
Source details
- Canonical URL
- Government Finance Statistics (GFSx) — Training Program
Other formats
Bibliographic details
- Session: OL 25.168
- Location: Course conducted online
- Dates: May 1, 2025 - April 15, 2026 (50 weeks)
- Delivery method: Online Training
- Primary language: Spanish
- Status: Deadline passed
Overview and Administrative Details
- Session No.: OL 25.168
- Status: Deadline passed
- Location: Course conducted online
- Date: May 1, 2025 - April 15, 2026 (50 weeks)
- Delivery Method: Online Training
- Primary Language: Spanish
- Target Audience:
- Officials whose main responsibility is compiling and disseminating fiscal statistics.
Qualifications and Technical Requirements
- Expected academic/professional 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.
Course Description — Scope and Framework
- Presented by the Statistics Department.
- Focus areas:
- Conceptual framework of government finance statistics (GFS) as presented in the IMF’s Government Finance Statistics Manual 2014 (GFSM 2014).
- Practical aspects of data compilation.
- Framework relationships:
- GFSM 2014 is harmonized with the System of National Accounts (SNA 2008).
- Topics covered:
- Basic concepts and definitions.
- Accounting principles, including accrual accounting.
- Detailed 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