Government Finance Statistics Manual 2001

The GFSM replaces the previous and versions. The revised guidelines have been harmonized with the updates in other macroeconomic statistical manuals and guides, such as the overarching System of National Accounts SNA , and the Balance of Payments and International Investment Position Manual 6th ed.

Government Finance Statistics Manual 2001

Guide for Compilers and Users. These revised manuals and guides address important international economic developments in recent years and take into account improved recording and methodological treatments of various events. The changes to GFSM incorporated in the GFSM can broadly be summarized as methodological changes agreed to in the update of SNA, clarifications on existing methodological guidelines, presentational changes, and a limited number of editorial changes. Data for the GFS are obtained primarily by means of a detailed questionnaire distributed to government finance statistics correspondents, usually located in the ministries of finance or central banks of reporting countries.

The IMF provide links to an online version of the questionnaire and supplementary information about the database on their Government Finance Statistics, List of Companion Material pages:. IMF Publications also produces an annual print version of the database, the 'Government Finance Statistics Yearbook' which contains recent time series data from the database. The IMF Government Finance Statistics has a large range of concepts, but these concepts are not available for all countries.

Data availability is an issue. In fact using the interface in the standard way can result in displaying lots of null values. Coverage of the GFS System. Defines the general government sector as a set of resident institutional units, where an institutional unit is defined as it is in the SNA.

It also describes the central, state, and local government subsectors and the extension of the general government sector to the public sector by including government financial and nonfinancial corporations. The annex discusses the nature and classification of Social Protection Schemes. Flows, Stocks, and Accounting Rules. First describes the flows and stocks that are recorded in the GFS system. All data on units of the general government sector are either flows mostly transactions or stocks assets, liabilities, and net worth.

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It then summarizes the accounting rules used to record the flows and stocks. These rules relate to the type of accounting system used, time of recording, valuation, and miscellaneous other topics.

The activities and meetings can be conducted remotely videoconference, teleconference, e-mail, etc. The candidates approved in the process will be requested to submit a work plan and a financial proposal to be evaluated by the NTS staff. It is estimated that at least 5 five face-to-face meetings will be necessary, with the minimum duration of 8 hours each 1 business day.

The first face-to-face meeting will be held at the beginning of the activities, in order to bring the parts to the same stage and to reach an agreement regarding the timetable and the details of the working process. All costs transportation, lodging, food, etc. The purpose of these meetings is the discussion of the working progress and of preliminary results, as well as the decisions regarding occasional adjustments to the work plan. Technical meetings shall include interviews and interactions with other teams or persons considered indispensable for clarifying important issues to the development of the methodology.

The hired consultant may propose changes and further details to the working process, to be evaluated and approved by the NTS staff. Works will start immediately after the signing of the contract and will be conducted in a period of 8 months, according to the timetable shown in this section.

Report containing the recommendations in the GFSM and in the SNA and the proposal of a recording methodology to be applied to the Brazilian case. The Final Report shall contain the sum up of the research efforts presented in the Progress Reports. It should also include an appendix with a manual on the application of the methodology, which must be elaborated to serve as a tutorial for the future application of the methodology. The manual shall include step-by-step instructions to reach the final result, taking into account the details of the information used, how to define assumptions, and how to obtain the value of the relevant variables.

In addition, all databases used in the study should be made available to the Contracting Unit in electronic form. The work materials development, activities, presentations, drafts, proposals, e-mails, summaries, intermediate products, sub products and delivered products must be produced in Portuguese, English or Spanish.

The standard language used in the meetings should also be Portuguese, English or Spanish.

It will be up to the NTS to decide about the total or partial publication of the study, as well as of any information used during the project, including the discussion stages. The curricular analysis comprises the Curriculum Vitae, which shall be prepared following the model in Appendix A, and the selected candidate will be obliged to present all certificates and letters of acknowledgement of technical capacity in relevant projects and national and international publications mentioned in the Curriculum Vitae, as a means to attest the veracity of the information.

Knowledge of the subject of the consultancy.

Required Skills and Experience The professional to be hired must have under graduation degree and present at least one project, publication, article or letter of acknowledgement of technical capacity, demonstrating effective experience in the subject of pension liability in the public sphere. The Qualifying Requirements will be used in the consultant selection process by means of scores attribution, according to the following criteria:.

Graduation diploma of Masters or Doctorate level in the fields of Economics, Statistics, Mathematics, Public Administration or Accounting issued by a higher education institution recognized by the Ministry of Education of Brazil or foreign equivalent. Finished academic orientations in social security, National Accounts or Government Finance Statistics. For the additional points, it will be considered only specialisation courses with a minimum of hours, following art. Finished academic orientations in social security, National Accounts, or Government Finance Statistics.

Finished academic orientations in modelling and pricing of pension assets and liabilities. Only the highest skill score will be considered. For scoring purposes, the following items will be considered as publications: