Thailand: Technical Assistance Report-Government Finance Statistics
IMF Staff Country Reports, December 3, 2018
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- Thailand: Technical Assistance Report-Government Finance Statistics
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Bibliographic details
- Published: December 3, 2018
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484388082.002
Mission purpose and scope
- Main purpose: improve the quality of the government finance statistics (GFS) for nonfinancial public corporations (NFPCs) in Thailand.
- Mission undertaken with the support of the Government of Japan’s government finance statistics (GFS) project for selected Asian countries.
- Designed a simpler, but more complete, compilation system for GFS compilers in the Fiscal Policy Office (FPO) of the Ministry of Finance.
- Also discussed specific general government GFS data compilation issues with FPO compilers.
Key findings and observations
- Need for a simpler, more complete compilation system for NFPCs to improve GFS quality.
- Identified issues in general government GFS data compilation that affect data quality and consistency with other macroeconomic statistics.
- Noted recent momentum at the Public Debt Management Office (PDMO) on the reporting of timely, quarterly public sector debt statistics.
Recommendations and suggested actions
- Implement the designed, simpler but more complete, compilation system for NFPCs in the Fiscal Policy Office (FPO).
- Address the specific general government GFS data compilation issues discussed with compilers to improve data quality and consistency with other macroeconomic statistics.
- Encourage the Public Debt Management Office (PDMO) to continue regular, quarterly reporting of public sector debt statistics.
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