{
  "title": "GFSM Task Team",
  "sourceUrl": "https://www.imf.org/en/data/statistics/government-finance-statistics-manual/gfsm-task-team-consultations",
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  "summary": "The work of advancing the research program of the GFSM 2014 Update is being taken forward by four task teams. Each task team will work on a number of research projects. The task teams will be mainly active between January 2025 and June 2026 during which period:",
  "sections": [
    {
      "heading": "Overview",
      "content": "- The work of advancing the research program of the GFSM 2014 Update is being taken forward by four task teams.\n- Each task team will work on a number of research projects.\n- The terms of reference for the task teams can be found here."
    },
    {
      "heading": "Activities and timeline",
      "content": "- Task teams will be mainly active between January 2025 and June 2026.\n- During this period:\n  - discussion notes for each project will be prepared and posted for consultation;\n  - proposed recommendations will be prepared based on feedback on the discussion notes, and these proposed recommendations will also be subject to consultation."
    },
    {
      "heading": "Consultation process",
      "content": "- Preparation and posting of discussion notes for consultation.\n- Preparation of proposed recommendations informed by feedback on discussion notes.\n- Both discussion notes and proposed recommendations will be subject to consultation."
    },
    {
      "heading": "Research Program",
      "content": "- 2.2 ; Boundary between government and financial public corporations ;\n- 2.4 ; Transactions with sovereign wealth funds (SWFs);\n- 2.8 ; Debt valuation issues;\n- 2.9 ; Debt assumption and debt payments on behalf of others;\n- 2.10 ; Valuation and recognition of loans;\n- 2.11 ; Recording of provisions and contingent liabilities ;\n- 2.12 ; Stock positions and related flows with the IMF and other regional / international organizations ;\n- 2.13 ; Equity for public corporations ;\n- 2.15 ; Treatment of capital injections by government into corporations ;\n- 2.16 ; Treatment of privatization ;"
    }
  ],
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    "The work of advancing the research program of the GFSM 2014 Update is being taken forward by four task teams.",
    "Each task team will work on a number of research projects.",
    "The terms of reference for the task teams can be found here.",
    "Task teams will be mainly active between January 2025 and June 2026.",
    "During this period:",
    "Preparation and posting of discussion notes for consultation.",
    "Preparation of proposed recommendations informed by feedback on discussion notes.",
    "Both discussion notes and proposed recommendations will be subject to consultation.",
    "2.2 ; Boundary between government and financial public corporations ;",
    "2.4 ; Transactions with sovereign wealth funds (SWFs);",
    "2.8 ; Debt valuation issues;",
    "2.9 ; Debt assumption and debt payments on behalf of others;",
    "2.10 ; Valuation and recognition of loans;",
    "2.11 ; Recording of provisions and contingent liabilities ;",
    "2.12 ; Stock positions and related flows with the IMF and other regional / international organizations ;",
    "2.13 ; Equity for public corporations ;",
    "2.15 ; Treatment of capital injections by government into corporations ;",
    "2.16 ; Treatment of privatization ;",
    "**Terms of Reference**"
  ],
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