Record Detail Back
Manual on sources and methods for quarterly financial accounts for general government
- Share to:
The report by the Monetary Committee on information requirements, endorsed by the ECOFIN Council on 18 January 1999, underlined that, for the proper functioning of Economic and Monetary Union and the single market, effective surveillance and coordination of economic policies are of major importance and that this requires a comprehensive statistical information system providing policy-makers with the necessary data on which to base their decisions. That report also stated that a high priority should be given to short-term public finance statistics for Member States and that the objective was the compilation of quarterly government financial accounts, following a step-by-step approach. This decision led to the development of a European parliament and council Regulation (No 501/2004 of 10 March 2004) dealing with quarterly financial accounts for general government (this is reproduced in Annexes).
Quarterly financial accounts for general government include data on financial transactions and balance sheet items for general government (consolidated and non-consolidated) and its sub-sectors. The primary classification of financial instruments comprises: Monetary gold and special drawing rights (AF.1), Currency and deposits (AF.2), Securities other than shares (AF.3), Loans (AF.4), Shares and other equity (AF.5), Insurance technical reserves (AF.6), and Other accounts receivable/payable (AF.7). The sector General Government (S.13) is divided into the following sub-sectors: central government (S.1311), state government (S.1312), local government (S.1313), and social security funds (S.1314).
Eurostat - Organizational Body
978-92-79-07843-9
NONE
Economics
English
2008
1-425
LOADING LIST...
LOADING LIST...