Government Finance Statistics Manual 2014

Preface Th e Government Finance Statistics Manual 2014 (GFSM 2014) is part of a series of international guidelines on statisti- ...

xxii Preface Th e work was supervised by Mr. Robert Heath (Deputy Director), Ms. Claudia Dziobek (Chief, Government Finance Divi ...

Preface xxiii Representatives of International Organizations Commonwealth Secretariat of the UK Arindam Roy European Central Ban ...

This page intentionally left blank ...

Th is chapter describes the purpose and evolution of this Manual, the uses of government fi nance statistics, the structure of t ...

2 Government Finance Statistics Manual 2014 Public corporations, nonfi nancial as well as fi nancial, can carry out government f ...

Introduction 3 GFSM 2014. Th e changes incorporated in GFSM 2014 can broadly be summarized as^8 Methodological changes in the 2 ...

4 Government Finance Statistics Manual 2014 1.18 In addition to the core statements in the GFS framework, two supplementary stat ...

Introduction 5 Coverage. 1.26 Th e coverage of the GFS framework is the general government sector as defi ned in the 2008 SNA, w ...

6 Government Finance Statistics Manual 2014 supplementary fi scal indicators include the calculation of an overall fi scal balan ...

Introduction 7 positions in a manner that permits the calculation of aggregates and balancing items as summary measures of the a ...

Institutional Units and Sectors 2 Th is chapter defi nes and describes the concepts of resi- dence, institutional units, and sec ...

Institutional Units and Sectors 9 Residence. 2.6 A n economy consists of a set of resident insti- tutional units. As is the case ...

10 Government Finance Statistics Manual 2014 and intends to continue engaging, either indefi nitely or over a fi nite but long p ...

Institutional Units and Sectors 11 2.17 International organizations may be global or regional. Regional organizations arise from ...

12 Government Finance Statistics Manual 2014 Either a complete set of accounts, including a balance sheet of assets, liabilitie ...

Institutional Units and Sectors 13 by individual members of the same household may be pooled for the benefi t of all members. Mo ...

14 Government Finance Statistics Manual 2014 2.35 All corporations are part of the nonfi nancial corporations sector or the fi n ...

Institutional Units and Sectors 15 A government unit may also fi nance a portion of its activities in a specifi c period by borr ...

16 Government Finance Statistics Manual 2014 or secondary activities can be carried out.^15 Th e type of services referred to in ...