GFSM 2014 Update: Research Project Global Consultations
The below table lists all active and closed global consultations related to research projects of the GFSM 2014 Update. Please provide your responses through the relevant survey link provided in the table.
A summary of consultation responses will be published on this page shortly after the consultation closes. The responses to consultations on Discussion Notes inform the Proposed Recommendations for updating the GFSM. Once available links to these Proposed Recommendations are provided. Full documentation related to the research projects are available at Research Projects.
If you have any feedback or comments then please contact STA-GFSM-Coord@imf.org.
| Title | Consultation Documents | Consultation Closing Date | Summary of Consultation Responses |
|
Consultation on Discussion Notes: May 2026 Electronic Consultation Survey For reference: Copy of Consultation Survey |
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| 2.10 Valuation and recognition of loans | Download PDF | June 19, 2026 | N/A |
| 2.16 Treatment of privatization and nationalization | Download PDF | ||
| 2.17 Boundary between current and capital transfers | Download PDF | ||
| 2.21 Social security schemes | Download PDF | ||
| 2.27 Relationship between GFS and IPSAS/ IFRS | Download PDF | ||
| 2.32 Balance Sheet Analysis | Download PDF | ||
| Title | Consultation Documents | Consultation Closing Date | Summary of Consultation Responses |
|
Consultation on Discussion Notes: March 2026 Electronic Consultation Survey For reference: Copy of Consultation Survey |
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| 2.1 Boundary between government-controlled nonmarket producers engaged in nonfinancial activities (government units) and public nonfinancial corporations | Download PDF | April 8, 2026 | Download PDF |
| 2.6 Further defining and subclassifying extrabudgetary units | Download PDF | ||
| 2.8 Debt valuation issues | Download PDF | ||
| 2.9 Debt assumption and debt payments on behalf of others | Download PDF | ||
| 2.30 Methodological guidance on compilation and analyzing SOE data | Download PDF | ||
| 2.31 GFS within fiscal analysis and policymaking | Download PDF | ||
| Title | Consultation Documents | Consultation Closing Date | Summary of Consultation Responses |
|
Group 3 of SNA/BPM-related research projects: Electronic Consultation Survey For reference: Copy of Consultation Survey |
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| 1.1 Valuation principles and methodologies | Download PDF | August 1, 2025 | Download PDF |
| 1.3 Treatment of centralized currency unions in macroeconomic statistics | Download PDF | ||
| 1.12 Reverse transactions | Download PDF | ||
| 1.13 Financial derivatives by type | Download PDF | ||
| 1.14 Capturing non-bank financial intermediation | Download PDF | ||
| 1.15 Treatment of cash collateral | Download PDF | ||
| 1.16 Treatment of factoring transactions | Download PDF | ||
| 1.18 The recording of crypto assets in macroeconomic statistics | Download PDF | ||
| 1.26 Treatment of trusts and other types of funds as separate institutional units | Download PDF | ||
| 1.32 Recording of share buybacks | Download PDF | ||
| 1.33 Clarification on the statistical treatment of negative interest rates | Download PDF | ||
| 1.34 Clarification on reserve position in IMF | Download PDF | ||
| 1.35 Recording of Central Bank swap arrangements in macroeconomic statistics | Download PDF | ||
| Title | Consultation Documents | Consultation Closing Date | Summary of Consultation Responses |
|
Group 2 of SNA/BPM-related research projects: |
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| 1.8 Valuation of unlisted Equity | Download PDF | May 2, 2025 | Download Summary |
| 1.10 Super dividends and reinvested earnings of public corporations | Download PDF | ||
| 1.17 Debt concessionality | Download PDF | ||
| 1.20 Payments for non-produced knowledge-based capital (marketing assets) | Download PDF | ||
| 1.21 Islamic finance | Download PDF | ||
| 1.25 Relationship between SNA and IPSAS/IFRS | Download PDF | ||
| 1.27 Consistency in the application of the sum-of-costs approach | Download PDF | ||
| 1.28 Work-in-progress, transfer of ownership and capital services | Download PDF | ||
| 1.29 Clarifications on the treatment of terminal costs during ownership transfer for different types of assets | Download PDF | ||
| 1.30 Distinction between maintenance and capital repairs for intangible assets | Download PDF | ||
| 1.31 Treatment of the transfer of leased assets at the end of the lease period | Download PDF | ||
| 1.36 Treatment of precious metal accounts | Download PDF | ||
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Group 1 of SNA/BPM-related research projects: |
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| 1.2 Treatment of Rent | Download PDF | March 28, 2025 | Download Summary |
| 1.4 Citizenship-by-Investment Programs | Download PDF | ||
| 1.5 Treatment of external assets and related income declared under tax. | Download PDF | ||
| 1.6 Operating and Financial Leases | Download PDF | ||
| 1.7 Recording of Fines and Penalties | Download PDF | ||
| 1.9 Nonresident Government controlled SOEs | Download PDF | ||
| 1.11 Identifying, valuing and reporting government data assets. | Download PDF | ||
| 1.19 Treatment of SPEs and residency | Download PDF | ||
| 1.22 Treatment of Emissions Trading Schemes | Download PDF | ||
| 1.23 Environmental Classifications within GFS | Download PDF | ||
| 1.24 Distinction between taxes, services and other flows | Download PDF | ||
