## GFSM Task Team

## Source details

**Canonical URL:** [GFSM Task Team](https://www.imf.org/en/data/statistics/government-finance-statistics-manual/gfsm-task-team-consultations)

## Other formats

- [Markdown version](/en/data/statistics/government-finance-statistics-manual/gfsm-task-team-consultations/index.md)
- [Structured JSON version](/en/data/statistics/government-finance-statistics-manual/gfsm-task-team-consultations/index.json)
- [Bundle manifest](/en/data/statistics/government-finance-statistics-manual/gfsm-task-team-consultations/bundle-manifest.json)

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### Overview
- 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.

### Activities and timeline
- Task teams will be mainly active between January 2025 and June 2026.
- During this period:
  - discussion notes for each project will be prepared and posted for consultation;
  - proposed recommendations will be prepared based on feedback on the discussion notes, and these proposed recommendations will also be subject to consultation.

### Consultation process
- 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.

### Research Program
- 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 ;

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## Content in this bundle

- **Terms of Reference**
  - [Terms of Reference (Markdown version)](/-/media/files/data/statistics/gfsm/task-teams-gfsm2014-update-terms-reference.pdf.md){rel="alternate" type="text/markdown"}
  - [Terms of Reference (PDF)](/-/media/files/data/statistics/gfsm/task-teams-gfsm2014-update-terms-reference.pdf){rel="external" type="application/pdf"}

---

## References

- [Update of the GFSM 2014](https://www.imf.org/en/data/statistics/government-finance-statistics-manual)
- [Research Projects](https://www.imf.org/en/data/statistics/government-finance-statistics-manual/global-consultations/research-projects)
- [GFSM 2014 Update: Research Project Global Consultations](https://www.imf.org/en/data/statistics/government-finance-statistics-manual/global-consultations)

_Source: https://www.imf.org/en/data/statistics/government-finance-statistics-manual/gfsm-task-team-consultations_