Upon completion of the course, participants should be able to:

• Define gross and net debt and explain the basic concepts and accounting principles that apply to compilation of public sector debt statistics.
• Classify public sector debt positions according to the Public Sector Debt Statistics Guide classifications.
• Apply the general principles to classify an entity in the public sector and in relevant subsectors of the public sector, such as the general government and public corporations.
• Report to the IMF and the World Bank quarterly public sector debt statistics covering, at a minimum, the central government.