About this course

This instructor-led online course provided by the IMF Statistics Department dives into the essential knowledge required for compiling and disseminating public sector debt statistics (PSDS). It is designed to support policy and decision-makers by providing a thorough understanding of the statistical framework used in PSDS, which aligns with the broader government financial statistics framework. Key areas like accounting principles, definitions, classification, and the impacts of debt-related issues are explored, offering a well-rounded educational experience for participants.

What students will learn

• Understanding of both gross and net public sector debt.
• Grasp key concepts and accounting principles relevant to PSDS.
• Navigating through public sector debt classifications as per international guides.
• Competence in identifying which entities belong to public sector subsectors.
• The ability to report comprehensive debt statistics to international bodies.

Course prerequisites

Prospective participants are expected to possess either a degree in economics or statistics, or equivalent practical experience in these fields. This foundational knowledge is critical for understanding the complex concepts discussed in this course.

Course coverage includes:

• Introduction to conceptual and statistical frameworks in PSDS
• Classification and valuation of public sector debt
• Accounting for contingent liabilities such as guarantees
• Impact of debt forgiveness and other financial rescue operations
• Dissemination practices and standards for PSDS

Who this course is for:

Geared towards professionals involved in financial and economic roles within the government, researchers in public finance, and anyone involved in the compilation of financial or debt statistics. This course would particularly benefit staff of public institutions engaged in financial reporting and analysis.

Real-world application:

Skills obtained from this course can dramatically enhance the quality of financial data reporting and analysis within public institutions, leading to improved transparency and decision-making in public sector management. Attendees will be equipped to contribute toward national and global financial stability by ensuring accurate reporting standards are met and by assisting in vital financial analyses such as debt sustainability studies.

Course Syllabus:

• Week 1: Introduction to Public Sector Debt Statistics
• Week 2: Deep Dive into Classifications and Accounting Principles
• Week 3: Handling of Contingent Liabilities and Debt-related Issues
• Week 4: Reporting and Dissemination of PSDS
• Week 5: Course Summary and Assessment