Government Finance and Public Sector Debt Statistics (GFS-PSDS)

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Deadline for the application has passed.
Course No.: SA 17.22
Location: New Delhi, India
Date: September 18, 2017-September 22, 2017 (1 Week)
Language: English

Target Audience:

Government officials (compilers and intensive users) who would benefit from gaining new, or refreshing existing, knowledge of the concepts, principles, sources, and methods used to compile government finance statistics (GFS) and public sector debt statistics (PSDS).


Participants are expected to have a degree in economics or a related field, engage in regular compilation or use of GFS and/or PSDS, and have proficiency in Microsoft EXCEL and WORD

Course Description:

This course offers, in the first three days, an opportunity to learn the concepts, principles, sources, methods, accounting rules, and general framework used to compile GFS and PSDS. The fundamental features of GFS and PSDS: institutional units, sectorization, basis of reporting, transactions, other economic flows, accounts (revenue, expense, expenditure, assets, liabilities), statements, balance sheets, etc. will be covered. The course is taught using international standards presented in the Government Finance Statistics Manual 2014 (GFSM 2014) and the Public Sector Debt Statistics: Guide for Compilers and Users 2011 (PSDS Guide). Participants, especially GFS compilers, will be asked to come to the course prepared to discuss the current status of GFS/PSDS development, their views on capacity development requirements in their country. Articulating a needs assessment for each participating country will be a primary task on the fourth day of the course. To the extent possible, the course will feature applied components that are based on the South Asia experience.  

Course Objectives:

Upon completion of this course, participants should be able to:- Discuss general and specific aspects of the GFS and PSDS framework as embodied in the GFSM 2014 and the PSDS Guide.- Describe the institutional structure of their respective governments and how they are interrelated with the broader public sector- Identify economic sectors.- Sectorize institutional units.- Classify transactions, other economic flows, and stock positions in assets and liabilities data.- Prepare basic GFSM 2014 statements.- Know the statements and memoranda items that are part of GFSM 2014 framework.- Know the major Classifications of the Functions of Government (COFOG).- Identify key differences between the GFSM 2014 and its predecessors.

Important Note for Online Courses:

For Online Learning (OL) courses, which are delivered through the edX platform, you will need an additional piece of information to register: you will be prompted for your edX.org username. If you do not already have a username, please go to https://courses.edx.org/register and sign up for a free account. Once you have created an account, you may complete the IMF Institute application. If you already have an edX account, your username can be found on the top right of the screen after logging in.

Important Note for Internal Economics Training Courses:

Internal Economics Training (IT) courses are self-financed. The IMF will not charge officials for attending courses. However, all travel, insurance, hotel, and living costs will need to be covered by the agency sponsoring the participants.