To carry out the analysis required for monetary policy, the European Central Bank (ECB) and the European System of Central Banks (ESCB) need comprehensive and reliable government finance statistics. The focus of government finance statistics has traditionally been the government as a whole...

This biennial data quality report is a contribution to the ECB Statistics Quality Framework. It relates to statistics produced by the European System of Central Banks (ESCB) and focuses on the collection, compilation and dissemination of euro area monetary and financial statistics (MFS) in 2021...

This technical assistance (TA) mission report is on government finance statistics (GFS) and public sector debt statistics (PSDS). The mission worked on improving the GFS of the consolidation of the general government sector, the extension of GFS coverage to include state-owned enterprises (SOEs)...

A diagnostic technical assistance mission from the IMF's Statistics Department (STA) visited Seychelles during April 8-19, 2024, to support the authorities in improving the compilation and dissemination of government finance statistics (GFS) and public sector debt statistics (PSDS). The mission...

This technical assistance (TA) mission on Government Finance Statistics (GFS) was conducted in Georgia during April 26 - May 24, 2021. The main purpose of the mission was to assist the authorities in extending GFS coverage to include non-market State-Owned Enterprises (SOEs) and aligning fiscal...

This technical assistance (TA) mission on Government Finance Statistics (GFS) was conducted in Georgia during January 16- 27, 2023. The main purpose of the mission was to assist the authorities in extending GFS coverage to include non-market State-Owned Enterprises (SOEs) and aligning fiscal...

A technical assistance mission from the IMF's Statistics Department visited Cambodia during April 10-21, 2023, to support the authorities in continuing to improve the compilation and dissemination of government finance statistics (GFS) and public sector debt statistics (PSDS). The mission...

The International Monetary Fund's mission to Papua New Guinea sought to revitalize the development of fiscal and debt statistics following a period of disruption caused by a ransomware attack, Covid-19, and high staff turnover. To that end, the mission provided a combination of formal training...

A technical assistance mission from the IMF's Statistics Department visited Papua New Guinea (PNG) during August 2-15, 2023, to support the authorities in improving compilation and dissemination of government finance statistics (GFS) and public sector debt statistics (PSDS). The mission assisted...

The mission worked with officials of the Central Bank of Suriname (CBS) to review the compilation framework of monetary statistics for the central bank (CB) and other depository corporations (ODCs) in accordance with the methodology set out in the IMF's 2016 Monetary and Financial Statistics...

This technical assistance (TA) mission on Government Finance Statistics (GFS) mission was conducted during July 31-August 11, 2023. The main purpose of the mission was to provide structured training on GFS to the South African Reserve Bank, National Treasury and State Statistical Offices, as...

In 2022, Serbia introduced a new budget system law with fiscal rules based on general government, as defined in the international statistical standards. The Serbian Ministry of Finance is committed to upgrading their fiscal reporting so as to report against these fiscal rules by 2025. Against...

The International Monetary Fund's (IMF's) Statistics Department (STA) and Fiscal Affairs Department (FAD) provided technical assistance (TA) on government finance statistics (GFS) and public sector debt statistics (PSDS) to the Ministry of Finance (MOF) of the Arab Republic of Egypt during July...

To carry out the analysis required for monetary policy, the European Central Bank (ECB) and the European System of Central Banks (ESCB) need comprehensive and reliable government finance statistics. The focus of government finance statistics has traditionally been the government as a whole...

This biennial data quality report is a contribution to the ECB Statistics Quality Framework. It relates to statistics produced by the European System of Central Banks (ESCB) and focuses on the collection, compilation and dissemination of euro area monetary and financial statistics (MFS) in 2021...

This paper discusses details of Technical Assistance (TA) report on Government Finance Statistics (GFS) mission in Namibia. The mission supported the MFPE staff in compiling 2022-23 GFS for the State Governments subsector. The mission took note of and welcomed the Ministry of Finance and Public...

This technical assistance report on Suriname highlights proceedings of the Government Finance Statistics (GFS) mission. The authorities have partially followed the recommendations from previous mission that took place in April 2022. While there has been significant progress in below-the-line...

This paper presents the Republic of Iraq's Technical Assistance report on Government Finance Statistics (GFS) mission. The Ministry of Finance (MOF) has started the implementation of the national budget reform project which is one of the several reform projects prepared in the context of the...

This paper presents Cambodia's technical assistance (TA) report on Government Finance Statistics (GFS) Mission. The mission noted a limited progress in the compilation and dissemination of GFS and Public Sector Debt Statistics (PSDS) since the previous TA mission. The mission advised on the...

This technical assistance (TA) mission on Government Finance Statistics was conducted during April 19- May 6, 2022. The main purpose of the mission was to review the progress made by the authorities in implementing previous TA recommendations and provide further support to improve fiscal data...

This technical assistance (TA) mission on Government Finance Statistics (GFS) was conducted during July 6-12, 2022. The main purpose of the mission was to review the progress made by the authorities in implementing previous TA recommendations and provide further support to strengthen the...

At the request of the Ministry of Finance (MoF) Republic of Kazakhstan, a technical assistance mission was conducted by the IMF's Statistics Department (STA) to assist the Kazakhstan authorities in strengthening the compilation and dissemination of government finance statistics (GFS) and public...

The remote technical assistance (TA) mission provided guidance to the National Statistical Committee of the Republic of Belarus (BelStat) on the preliminary estimates of the Financial Accounts and Balance Sheets (FABS) for 2017. The TA mission assisted with compiling the revaluation and the...

This technical assistance (TA) mission on Government Finance Statistics (GFS) was conducted remotely during February 2022-April 2022. The main purpose of the mission was to review the progress made by the authorities in implementing previous TA recommendations and provide further support to...

At the request of the Central Bank of Solomon Islands, the technical assistance mission was conducted by the IMF's Statistics Department (STA) to assist the SI authorities in strengthening the compilation and dissemination of government finance statistics (GFS) and public sector debt statistics...

A national accounts statistics mission provided remote technical assistance in national accounts to the National Bureau of Statistics of Moldova (NBS) during January 17-28, 2022. The NBS has received extensive technical assistance from the IMF in recent years and has made good progress in...

This paper presents Lao People's Democratic Republic's Technical Assistance report on government finance statistics (GFS) mission. There has been a progress on a gradual basis in the timeliness of GFS compilation and dissemination to the IMF due to an improvement in coordination between the...

At the request of the Suriname authorities, a remote technical assistance (TA) mission took place during December 6-17, 2021. The mission was conducted in coordination with the IMF's Western Hemisphere Department. The main objective of the mission was to assist the Ministry of Finance and...

A follow-up technical assistance (TA) mission to the Ministry of Economy and Finance (MEF) was conducted remotely during 12 days over the period of April 26-July 15, 20211. This activity was part of Cambodia's participation in the Japan-funded Government Finance Statistics (GFS) and Public...

Following the launch of the Caucasus, Central Asia, and Mongolia Regional Capacity Development Center (CCAMTAC) in February 2021, and in response to a request from the Azerbaijani authorities to support their statistical capacity development (CD) in government finance statistics (GFS), a series...

A virtual technical assistance (TA) mission supported by the IMF's Asia and Pacific Department (APD) was conducted by the IMF Statistics Department (STA) and the Pacific Financial Technical Assistance Centre (PFTAC) during October 25 - November 2, 2021. The mission assisted the Department of...

At the request of the Ministry of the Economy and Finance (Ministère de l'Économie et des Finances (MEF)) and in consultation with the African Department (AFR) of the International Monetary Fund (IMF), the IMF Statistics Department (STA) carried out a remote mission on government finance...

The Fiscal Responsibility Act (FRA) came into effect in 2013 to reduce rising public debt and achieve fiscal stability. Maldives has experienced rapid public debt accumulation over the past decade. The FRA establishes objectives for maintaining debt at a sustainable level and reducing the...

In response to a request from the authorities and as part of the Data for Decisions (D4D)1 funded project under the submodule for Fiscal and Debt reporting, a government finance statistics (GFS) technical assistance (TA) mission was held remotely with the Lesotho Ministry of Finance (MOF) during...

The Polish economy has rebounded strongly, with policy actions limiting the damage from the pandemic-induced recession by supporting employment and avoiding unnecessary bankruptcies. While the pandemic continues to take a toll on lives, the economy has been less impacted by successive waves of...

Thanks to a successful vaccination campaign, COVID19 cases have declined sharply in 2021, and the Moroccan economy is rebounding. Economic activity has recovered most of the ground lost with the severe recession of 2020 and is expected to grow at 6.3 percent in 2021. Among the factors propelling...

The pandemic interrupted ten years of growth, but El Salvador is rebounding quickly. Robust external demand, resilient remittances, and a sound management of the pandemic-with the help of a disbursement under the Rapid Financing Instrument (RFI) (SDR287.2 million or USD 389 million) approved in...

Uruguay entered the pandemic with solid institutions and social cohesion but growing macroeconomic imbalances-especially slow economic growth and weak public finances-as the end of the last commodity price boom in 2014 uncovered structural weaknesses. A new government came to power in March 2020...

How reliable are public debt statistics? This paper quantifies the magnitude, characteristics, and timing of hidden debt by tracking ex post data revisions across a comprehensive new database of more than 50 vintages of World Bank debt statistics. In a sample of debt data covering 146 countries...

San Marino entered the pandemic with substantial vulnerabilities and still struggling from the consequences of the Global Financial Crisis (GFC). However, the economy has shown significant resilience supported by a timely and targeted policy response. Fiscal support was substantially scaled up...

Strong fiscal institutions have contributed to Chile's macroeconomic stability, and recent reform initiatives have focused on enhancing these institutions and fiscal transparency. This report assesses fiscal transparency practices in Chile in relation to the requirements of the IMF's Fiscal...

Spurred by strong U.S. growth and rising vaccination rates, the economy is rebounding. The government has successfully maintained external, financial, and fiscal stability despite the deepest recession in decades. Nonetheless, Mexico is bearing a very heavy humanitarian, social, and economic...

This technical assistance (TA) report on government finance statistics (GFS) covers the remote TA to the Ministry of Finance (MOF) during September 21-October 2 and December 14-18, 2020 and March 9-13 and April 19-23, 2021 (which was extended to May 2021). These peripatetic activities were...