Namibia: Technical Assistance Report on Government Finance Statistics Mission (August 28-September 1, 2023)

International Monetary Fund

No 2023/397, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper discusses details of Technical Assistance (TA) report on Government Finance Statistics (GFS) mission in Namibia. The mission supported the MFPE staff in compiling 2022–23 GFS for the State Governments subsector. The mission took note of and welcomed the Ministry of Finance and Public Enterprises (MFPE) initiatives to introduce a new Public Financial Management (PFM) law and a new budgetary chart of accounts (CoA). Both these initiatives are expected to drive major improvements to Namibia’s GFS. The mission emphasized the importance of considering GFS needs when introducing the new CoA and PFM law, ensuring that there are sufficient GFS compilation resources to implement the changes and to ensure appropriate GFS long time series are maintained and/or developed. In particular, there is an urgent need to strengthen the existing GFS compilation staff resources, expand and formalize source data requirements, and establish a list of all public sector units classified by statistical subsector.

Keywords: Government Finance Statistics; Public Sector Debt Statistics; SDDS; Special Data Dissemination Standards; General Government; Expenditure; Public Sector.; government grant; MFPE staff; IMF's Statistics department; debt data; MFPE initiative; compilation resource; GFS for the Extrabudgetary Units; information technology solution provider; Financial statements; Data collection (search for similar items in EconPapers)
Pages: 31
Date: 2023-12-08
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