Public Sector Debt Statistics

Public Sector Debt Statistics

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The global financial crisis of recent years and the associated large fiscal deficits and debt levels that have impacted many countries underscores the importance of reliable and timely government statistics and, more broadly, public sector debt as a critical element in countries' fiscal and external sustainability. Public Sector Debt Statistics is the first international guide of its kind, and its primary objectives are to improve the quality and timeliness of key debt statistics and promote a convergence of recording practices to foster international comparability and as a reference for national compilers and users for compiling and disseminating these data. Like other statistical guides published by the IMF, this one was prepared in consultation with countries and international agencies, including the nine organizations of the Inter-Agency Task Force on Finance Statistics (TFFS). The guide's preparation was based on the broad range of experience of our institutions and benefitted from consultation with national compilers of government finance and public sector debt statistics. The guide's concepts are harmonized with those of the System of National Accounts (2008) and the Balance of Payments and International Investment Position Manual, Sixth Edition.Debt office representation at the loan negotiation processes would help ensure that this kind of information is correctly recorded. iii. ... For this reason, the Guide recommends that procedures be put in place at various stages of the data compilation and recording process ... checked with records kept by the foreign exchange payment department in the central bank; loan balances could also be verified withanbsp;...


Title:Public Sector Debt Statistics
Author: International Monetary Fund
Publisher:International Monetary Fund - 2011-12-08
ISBN-13:

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