Public Sector Debt Statistics (Nepal)
Target Audience
Government officials (source data providers, compilers, and intensive users) from Nepal's Public Debt Management Office, Office of the Financial Comptroller General, and Nepal Rastra Bank, who would benefit from gaining new, or refreshing existing, knowledge of the concepts, principles, sources, and methods used to compile and disseminate PSDS.
Qualifications
Participants are expected to have a degree in economics or a related field and/or have relevant work experience, engage now or plan to engage in regular compilation or use of PSDS, and have proficiency in Microsoft EXCEL and WORD. It is not expected that participants already have fundamental knowledge concerning PSDS compilation and dissemination.
Course Description
This live virtual training delivered remotely offers an opportunity to learn and review the concepts, principles, sources, methods, accounting rules, and general framework used to compile PSDS. The fundamental features of PSDS will be covered: sectorization; definitions and accounting principles; compilation of PSDS; and selected issues in PSDS. The course is conducted using international standards presented in the Public Sector Debt Statistics: Guide for Compilers and Users 2011 (PSDS Guide) and the Government Finance Statistics Manual 2014 (GFSM 2014). Course participants will be invited to set course goals, review course written materials and video recordings, complete exercises, compile PSDS, and assess their performance at the end of the course. To the extent possible, the course will feature applied components that are based on the Nepal experience.
Course Objectives
Upon completion of this course, participants should be able to:
- Discuss general and specific aspects of the PSDS framework that are embodied in the PSDS Guide and GFSM 2014.
- Describe the institutional structure of government in the context of the broader public sector.
- Classify balance sheet financial asset and liability instruments.
- Identify debt liability instruments.
- Understand the "accrual of interest" concept.
- Describe various types of valuations that may be used to estimate debt liabilities.
- Given required parameters, estimate the value of debt for balance sheet components.
- Understand and prepare fiscal accounts that are associated with debt reorganization.