Public Sector Debt Statistics (PSDSx)
This course, presented by the 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 2011 (PSDSG 2011)—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 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.
Target Audience
Officials whose main responsibility is compiling and disseminating public sector debt statistics.
Qualifications
Participants are expected to have a degree in economics, public financial management, statistics, or equivalent experience. Access to a computer with a reliable Internet connection and a Google Chrome web browser and basic Microsoft Excel skills are essential.
Course Objectives
Upon completion of the course, participants should be able to:
- Explain the essence of the GFS framework and how it relates to public sector debt statistics.
- Apply the main macroeconomic principles to determine what is considered to be debt in the accounts of the debtor.
- Apply the main macroeconomic principles to determine who is the debtor, classify the debtor appropriately inside or outside the public sector, and identify the types of counterparties to the debt instruments.
- Use the principal macroeconomic accounting rules to compile public sector debt statistics.
- Compile a comprehensive and internationally comparable public sector debt statistics report, with supplementary tables, that is suitable for fiscal policymaking and analyses.
- Explain the importance of comprehensive, consistent, and comparable public sector debt statistics in various facets of fiscal policymaking, including Debt Sustainability Analysis (DSA).
Upcoming Offering
Start date | End date | Location | Delivery Method | Session No. | Primary & (Interpretation) language | Apply |
---|---|---|---|---|---|---|
May 1, 2024 | April 15, 2025 | Course conducted online | Online Training | OL 24.206 | Spanish | Apply online by April 1, 2025 |
May 1, 2024 | April 15, 2025 | Course conducted online | Online Training | OL 24.207 | English | Apply online by April 1, 2025 |
May 1, 2024 | April 15, 2025 | Course conducted online | Online Training | OL 24.205 | French | Apply online by April 1, 2025 |
Videos
PSDSx Promotional Video
Nowcasting (NWC)
English (French, Portuguese) | September 16-27, 2024 | In-person Training | Ebene, Mauritius
Apply online by August 16, 2024
Fintech Market Development and Policy Implications (FINTECH)
English (French) | October 14-18, 2024 | In-person Training | Ebene, Mauritius
Apply online by August 16, 2024
Macro-Stress Testing (MST)
English | November 25-29, 2024 | In-person Training | Singapore, Singapore
Apply online by August 16, 2024
Sovereign Risk and Debt Sustainability Framework for Market Access Countries (SRDSF-MAC)
English | October 14-18, 2024 | In-person Training | Singapore, Singapore
Apply online by August 18, 2024
Exchange Rate Policy (ERP)
English | October 27, 2024 - November 7, 2024 | In-person Training | Kuwait City, Kuwait
Apply online by August 18, 2024