Government Finance Statistics Gfs, Government Finance Statistics

The gfsm 2014 supports the balance sheet approach to analyzing economic policy by.

Federal government logo usa. Assess the impact of policy decisions on the economy make international comparisons of financial performance information analyse the financial operations and financial position of the public sector at either the specific government institutional sector or transactional level. The government finance statistic gfs reporting framework is an accrual financial measurement and reporting system designed to support economic analysis of the public sector. The canadian system of national accounts mapped quarterly gfs data is produced for the federal provincial territorial and local government levels as well as the canada pension.

In connection with the news releases for the excessive deficit procedure edp and the government finance statistics gfs published today a series of related documents have been updated as well. The gfs focuses on the size of the public sector. Stock flow adjustment note explaining the link between government deficit and debt.

About government finance statistics. These topics are presented in different sections of the eurostat website. The gfs compilation guide provides detailed information on how to gradually introduce the guidelines of the government finance statistics manual 2001 and best practices into the compilation and dissemination of fiscal statistics.

Note on the stock of liabilities in trade credits and advances. Gfs are part of national accounts which cover a wide range of statistics describing an economy in various ways for instance through main aggregates including gdp institutional sectors government finance statistics or supply use and input output tables. Its contribution to aggregate demand investment and saving and provides for cross country comparison.

The gfsm 2014 classifications remain. Imf government finance statistics gfs abstract contains detailed annual statistical data on revenue expense transactions in assets and liabilities and stocks of assets and liabilities of general government and its subsectors as reported by member countries. The government finance statistics manual 2014 gfsm 2014 1 and it predecessors are the internationally recognized statistical reporting framework aimed at helping national authorities to strengthen their capacity to formulate fiscal policy and monitor fiscal developments.

Provides statistics that are based on accounting information which enable policy makers and other stakeholders to. Background note on government interventions to.