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Dissemination Standards Bulletin Board
Special Data Dissemination Standard
(AS PROVIDED TO THE IMF BY THE RESPECTIVE COUNTRY)
 
Flag of Ireland Ireland
Central government operations
(Exchequer Statement )
Last Posted: Nov-14-2008
Last Certified: Dec-29-2008
Last Updated: Oct-2-2008

Contact Person(s)
        
Printer Friendly Page
 
Ms. Emma Cunningham,
Central Budget Office,
Budget Economic and Pensions Division,
Department of Finance,
Government Buildings,
Merrion Street,
Dublin Dublin 2
 Phone :+353 1 6045675
 Fax :+353 1 6313685
 Email :emma.cunningham@finance.gov.ie 
 
Ms. Niamh Burton,
Central Budget Office,
Budget Economic and Pensions Division,
Department of Finance,
Government Buildings,
Merrion Street,
Dublin, Ireland Dublin 2
 Phone :+353 1 6314074
 Fax :+353 1 6613685
 Email :matt.mcgann@finance.gov.ie 
 
Mr. Ciaran Counihan,
Statistician,
Central Budget Office,
Budget Economic and Pensions Division,
Department of Finance,
Government Buildings,
Merrion Street,
Dublin, Ireland Dublin 2
 Phone :+353 1 6045558
 Fax :+353 1 6613685
 Email :ciaran.counihan@finance.gov.ie 

Dissemination Formats
Summary Methodology

Access National Summary Data Page

Cross-country comparisons: access the DSBB metadata query facility

The Data: Coverage, Periodicity, and Timeliness
Coverage characteristics

5.1.1 Statistical presentation

Data, in euro, cover the budgetary units of central government. Component detail comprises, on a cumulative basis from the beginning of the year to the last working day of each month, central government revenue and expenditure (including interest payments), the surplus/deficit, sources and application of funds (financing, comprising borrowing and repayments and the change in deposits and other balances). Financing is also broken down by instrument. Comparative data for the equivalent period in the previous year are also shown. The fiscal year coincides with the calendar year.
Periodicity

4.1.1 Periodicity

Monthly
Timeliness

4.1.2 Timeliness

A copy of the Exchequer Statement is posted to the Department's website address and a summary of the statement is posted to the Bloomberg system at 4.30 p.m. two working days after the end of each month.
Access by the Public
Advance dissemination of
release calendar

5.1.3 Advance release calendar

An advance release calendar that meets the SDDS requirements is published on the IMF's DSBB. Information to this effect is published in the Monthly Economic Bulletin available from the Department of Finance.

Simultaneous release to all
interested parties

5.1.4 Simultaneous release

The Exchequer Statement data are available on the Department's website (http://www.finance.gov.ie/ViewDoc.asp?DocId=-1&CatID=5&m=f). In addition, a summary version is available on the Bloomberg system at 4.30 p.m. two working days after the end of each month.

Integrity
Dissemination of terms and
conditions under which
official statistics are
produced, including those
relating to the confidentiality
of individually identifiable
information

0.1.1 Responsibility for collecting, processing, and disseminating statistics

Department of Finance

Under the Ministers and Secretaries Act, 1924, the Department of Finance is responsible for ".... the administration and business generally of the public finance of Ireland and all powers, duties and functions connected with the same, including in particular, the collection and expenditure of the revenues of Ireland from whatever source arising....". Two Government Orders since then have allocated additional functions to the Department.  However, there is no legislation that confers responsibility on the Department for the collection, processing and dissemination of statistics. Statistical information published by the Department is as a by-product of the Department’s core functions.

Central government operations

The Exchequer Statement, which is an account of receipts into and issues from the Exchequer Account (on a cumulative basis from 1 January) is published each month both on the internet and in Iris Oifigiuil (the official gazette of the Irish Government published twice weekly). A summary is posted to the Bloomberg system. This procedure is not set out in law or other regulations.

0.1.3 Confidentiality of individual reporters' data

Department of Finance

Both Central Government (State) and General Government data are compiled using data generally from published sources or, more rarely, from aggregated data that does not compromise confidentiality requirements.

0.1.4 Ensuring statistical reporting

Department of Finance

Neither legislation nor special measures are required in this regard for Government Operations.

0.2.1 Staff, facilities, computing resources, and financing

Department of Finance

Finance, staff and computer resources are adequate to ensure that published data meet the requirements of timeliness and quality.

0.2.2 Ensuring efficient use of resources

Department of Finance

Statistical information published by the Department is as a by-product of the Department’s core functions. This maximizes cost-efficiency.

0.4.2 Quality monitoring

Department of Finance

Statistical information published by the Department is as a by-product of the Department’s core functions.

1.1.2 Selection of sources, methodology, and modes of dissemination

Department of Finance

Selection of sources: Statistical information published by the Department is as a by-product of the Department’s core functions.

1.1.3 Commenting on erroneous interpretation and misuse of statistics

Department of Finance

Guidance is sought from CSO (and, where necessary, Eurostat) on the correct classification of new and complex transactions.

No misuse of statistics has taken place in Ireland, by either the Department of Finance or CSO.

1.3.1 Guidelines for staff behavior

Department of Finance

The Civil Service Regulation (Amendment) Act 2005 and the associated Civil Service Disciplinary Code sets out measures for implementing and enforcing guidelines for staff behaviour.

Identification of internal
government access to data
before release

1.2.2 Internal governmental access to statistics prior to release

There is no internal government access to data before release.
Identification of ministerial
commentary on the occasion of
statistical releases

1.2.3 Attribution of statistical products

Data are released without ministerial commentary, except at the end of each quarter, when a statement is issued with the return.
Provision of information
about revision and advance
notice of major changes in
methodology

4.3.1 Revision schedule

Aggregation of expenditure and receipts is derived from cash receipts into and issues out of the Exchequer Account for the period. The data therefore reflect actual cashflows and are not subject to revision.

1.2.4 Advance notice of major changes in methodology, source data, and statistical techniques.

There are no plans for methodological changes.
Quality
Dissemination of
documentation on methodology
and sources used in preparing
statistics

5.2.1 Dissemination of documentation on concepts, scope, classifications, basis of recording, data sources, and statistical techniques

Methodological notes are not provided. The deficit or surplus (Exchequer Balance) is a cash flow measurement, that simply identifies the difference in the year to date between, on the one hand, receipts physically paid into the Exchequer Account, and, on the other, expenditure actually borne by the Exchequer.

(See also summary methodology)
Dissemination of component
detail, reconciliations with
related data, and statistical
frameworks that support
statistical cross-checks
and provide assurance of
reasonableness

4.2.1 Internal consistency

The end month Exchequer Statement on the internet and in Iris Oifigiuil shows the data at a more disaggregated level than the data posted to the Bloomberg system. The annual Finance Accounts, which is published six months after the end of the year, contains the audited details shown in the final Exchequer Statement for the year. Both the Finance Accounts and Iris Oifigiuil are available from the Government Publications Sales Office, Molesworth Street, Dublin 2.

5.1.2 Dissemination media and format

Data disseminated through the Department of Finance website, Bloomberg and in paper format. This totally satisfies user requirements.
 
Footnotes
Last posted: Date IMF staff last posted an update to these metadata on the DSBB.
Last certified: Date subscriber last officially certified the accuracy of these metadata.
Last updated: Date subscriber last submitted an update of these metadata to the IMF.

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