Manual for economic and financial classification of government transactions

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 analysing 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 analysing the allocation of government resources. These two schemes are combined to form an "economic-functional classification".

The information to be obtained is not intended nor designed to have the legal and accounting significance of data presented in the basic systems of budget accounts. The manual schemes are therefore put forward as supplements to, and not as replacements for, the usual budget classifications which serve primarily to ensure accountability.