English

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

related image
Invitation
Course No.: SA 18.32
Location: Male, Maldives
Date: August 5, 2018-August 8, 2018 (0.8 Week)
Language: English

Target Audience:

Maldivian government officials (source data providers, compilers, and intensive users) from the Ministry of Finance, Maldives Monetary Authority, and National Bureau of Statistics, who would benefit from gaining new, or refreshing existing, knowledge of the concepts, principles, sources, and methods used to compile GFS and PSDS.

Qualifications:

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

Course Description:

This course offers 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 will be covered: institutional units; sectorization; basis of reporting; transactions; other economic flows; accounts (revenue, expense, expenditure, assets, liabilities); statements; and balance sheets. 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). Course participants, especially GFS compilers, will be asked to discuss the status of GFS/PSDS development in the Maldives. To the extent possible, the course will feature applied components that are based on the Maldivian experience.  

Participants' questions/concerns will be invited and entertained throughout.

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 government in the context of the broader public sector.- Identify macroeconomic sectors.- Sectorize institutional units.- Classify operational 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.