Kuwait : Technical Assistance Report-Government Finance Statistics.

Format:

Book

Government document

Author/Creator:

International Monetary Fund. Statistics Dept.

Contributor:

International Monetary Fund, issuing body.

Series:

IMF Staff Country Reports; Country Report ; No. 2018/313

IMF Staff Country Reports

Language:

English

Subjects (All):

Fiscal policy--Kuwait.

Fiscal policy.

Banks and banking--Kuwait.

Banks and banking.

Public investments--Kuwait.

Public investments.

Physical Description:

1 online resource (42 pages)

Edition:

1st ed.

Place of Publication:

Washington, D.C. : International Monetary Fund, 2018.

Summary:

In response to a request from the Central Statistical Bureau (CSB) of Kuwait, a government finance statistics (GFS) technical assistance (TA) mission visited Kuwait City, Kuwait during April 29–May 3, 2018. This first GFS TA mission from the IMF’s Statistics Department (STA) aimed to assist the CSB staff in compiling fiscal data according to the Government Finance Statistics Manual 2014 (GFSM 2014) and help them to issue this year’s GFS bulletin according to the GFSM 2014 classification. In addition, the mission discussed with the Ministry of Finance (MoF) the possibility of resuming the reporting of the GFS data to the Fund for surveillance and dissemination in Government Finance Statistics Yearbook (GFSY).

Contents:

Cover

CONTENTS

Glossary

SUMMARY OF MISSION OUTCOMES AND PRIORITY RECOMMENDATIONS

A. Mission Objectives and Tasks

B. Background Information

C. GFSY/IFS Reporting Status and eGDDS Status

D. Structure of the Report

DETAILED TECHNICAL ASSESSMENT AND RECOMMENDATIONS

A. Legal and Institutional Environment

B. Description of General Government

C. Compilation of the GFS Data

D. The MoF needs in Training and Technical Assistance

E. Action Plan for Developing GFS Data

FIGURE

1. Sectorization of the General Government in Kuwait

TABLES

1. Priority Recommendations

2. Revenue: Changes from the GFSM 2001 to the GFSM 2014

3. Revenue Classification According to the GFSM 2014

4. Expense: Changes from the GFSM 2001 to the GFSM 2014

5. Expense Classification According to the GFSM 2014

6. Transactions in Nonfinancial Assets: Changes from the GFSM 2001 to the GFSM 2014

7. Transactions in Nonfinancial Assets Classification According to the GFSM 2014

8. Summary of Budgetary Central Government Operations

9. Summary of Budgetary Central Government Operations: Fiscal years 2016-2017 and 2017-2018

10. Classification of Functions of Government (COFOG)

11. Example of Migration from Current Classification to the GFSM 2001/2014 Classification

APPENDIX

1. Officials Met During the Mission.

Notes:

Description based on publisher supplied metadata and other sources.

Description based on print version record.

ISBN:

9781484384350

1484384350

9781484384374

1484384377

OCLC:

1024284607