Public Sector Debt Statistics - Advanced

Source details

Officials whose main responsibility, for at least three years, has been compiling and disseminating public sector debt statistics (PSDS).
Officials who are regularly faced with more complex PSDS methodological and compilation issues, such as those described in the course description.

Expected background: degree in economics, public financial management, statistics or equivalent experience.
Recommendation: applicants should first complete the online Public Sector Debt Statistics (PSDSx) or the Public Sector Debt Statistics fundamental (PDS-F) courses.
Selection: will be based on the criteria; priority if an official successfully completed the PSDSx or PDS-F.

Conceptual framework focus: Government Finance Statistics Manual 2014 (GFSM 2014) and Public Sector Debt Statistics: Guide for Compilers and Users (PSDSG).
Prerequisite knowledge: familiarity with basic government finance statistics (GFS) and PSDS framework and classification system.
Emphasis: integration of stock positions and flows in the framework.
Complex issues addressed:
- Definition of gross and net debt in terms of debt instruments.
- Coverage and sectorization of the public sector, with special attention to borderline and complex cases.
- Valuation of public sector debt statistics.
- Consolidation of public sector debt statistics.
Cross-cutting PSDS topics covered:
- Government employee pension liabilities.
- Standardized guarantee schemes.
- Contracts, leases, licenses.
- Public-private partnerships.
- The balance sheet approach (BSA) to identify risks and vulnerabilities.
Format: lectures and discussions.

Upon completion, participants should be able to:
- Apply the general principles in GFSM 2014 and PSDSG to more complex PSDS issues regarding concepts and definitions, coverage and sectorization, valuation, and consolidation.
- Apply the general principles in GFSM 2014 and PSDSG to complex cross-cutting issues such as government employee pension liabilities, standardized guarantee schemes, social protection, government employee pension liabilities, standardized guarantee schemes, contracts, leases, licenses, public-private partnerships, and the balance sheet approach (BSA).