Public Sector Debt Statistics
About this Course
This course, presented by IMF Statistics Department, covers the fundamentals needed to compile and disseminate comprehensive public sector debt statistics (PSDS) that are useful for policy- and decision-makers, as well as other users. The course introduces the conceptual statistical framework for PSDS—as presented in the Public Sector Debt Statistics: Guide for Compilers and Users—in the context of the government finance statistics (GFS) framework, which is harmonized with other macroeconomic statistical frameworks. Basic concepts, definitions, and classifications are covered, along with the principal accounting rules (including valuation and consolidation) that are relevant for PSDS compilation. The course discusses the recommended the instrument and institutional coverage for compiling comprehensive, internationally comparable PSDS, and how to record contingent liabilities such as government guarantees. It also deals with the impact on PSDS of some debt-related issues such as debt assumption, debt forgiveness, on-lending, financial leases, and financial bailouts. Important PSDS compilation considerations—including what PSDS to compile and disseminate—and the IMF’s guidelines and standards on disseminating PSDS are also covered. The course also presents possible uses of PSDS, including debt sustainability analyses (DSA), and fiscal risk and vulnerability analyses.Created by: The International Monetary Fund
Level: Intermediate
Related Online Courses
Financial derivatives are ubiquitous in global capital markets, and those products and the institutions around them continue to evolve at a rapid pace. This course is part of the MicroMasters® ... more
Virtual Training to Advance Revenue Administration (VITARA) is a joint initiative of four international organizations: the Inter-American Center of Tax Administrations (CIAT), the Intra-European... more
The history of postwar Tokyo reveals an essential feature of the modern city, i.e. the city as a place of visualities. In postwar Tokyo, countless gazes fell upon others; gazes from and upon... more
Los educadores nos formamos para poder educar para la vida. Pero, sin incluir la muerte de una manera consciente, esta acción siempre estará incompleta y mal enfocada, por lo que la educación pl... more
In this course, we will introduce you to edX Studio's tools for running a course. This course is ideal for course teams interested in uncovering the nuts and bolts of running an edX course after it... more