A Manual for economic and functional classification of government transactions

Abstract

This manual presents two classification schemes, which are designed to provide meaningful data on government transactions - data essential to the making of economic and social policy. The first scheme - the economic classification shows government expenditure and receipts classified by economic categories that are of significance for analyzing the general effects of government transactions on the economy. The second scheme - the functional classification - deals with the classification of government expenditures and directly offsetting receipts by purpose or by functional categories that are of significance for analyzing the allocation of government resources. These two schemes are combined to form an economic-functional classification. The details of the classification schemes will need to be modified to reflect the institutional structure and scope of government responsibility prevailing in each country.