Government Finance Statistics and Public Sector Debt - Fiscal Year 2026
Morocco
Government Finance Statistics training (May 19-30)
A joint METAC and IMF HQ mission enhanced the quality and scope of fiscal statistics. The mission was funded jointly by METAC and the Data for Decisions (D4D) Fund. The mission’s focus was on refining GFS for the budgetary central government (BCG) and identifying data needed for an expansion to the general government (GG). The authorities agreed with the mission on guidelines to include extra budgetary units into the compilation of GFS, which will significantly improve quality of GFS. Important elements are to institutionalize and strengthen GFS compilation and dissemination, produce consolidated statements for the government sector, and ensure the completeness of the list of public sector entities.
Lebanon
Government Finance Statistics training (May 19-June 30)
METAC helped Lebanon improve GFS quality, coverage, and harmonization, ensuring alignment with international GFS standards. The mission engaged with the Ministry of Finance and the Central Bank, assessing the quality of current data, enhancing coverage and timeliness, assessing IT support, and developing an action plan for the next 12 months. The authorities are interested in re-starting national fiscal reporting and GFS compilation. The mission offered guidance on data collection and worked to integrate data from different sources. It also reviewed the current fiscal reports, as well as revenue and expense transactions focusing on how to classify them in line with international standards.
West Bank and Gaza
In late September, a diagnostic mission on Government Finance Statistics was delivered to the authorities to align with the international standards. The mission was met with full collaboration from the authorities in identifying gaps in the compilation and dissemination of statistics. The authorities made progress in establishing efficient system for public finance data collection and processing. This work will be the foundation for the further expansion of coverage and introduction of additional reporting tables.
Yemen
During August and September, METAC’s GFS and PSDS Advisor Amir Hadziomeragic has played an active role in analyzing data and discussing the Data Adequacy Assessment and Article IV reports for Yemen—the first of their kind in several years. Fiscal data serves as a crucial resource to support Fund surveillance activities within Article IV consultations.
