News

  • José Luis Escrivá participates in the 11th Meeting of the OECD Network of Parliamentary Budget Offices and Independent Fiscal Institutions

  • In opinion of AIReF, the amendments to its organic statute approved by the Council of Ministers reinforce its independence

    The Independent Authority for Fiscal Responsibility (AIReF) believes that the amendments to its Organic Statute introduced through the Royal Decree approved by the Council of Ministers on 9 March reinforces its independence, with improved access to information, drafting of its budget and monitoring of recommendations. The explanatory memorandum to Royal Decree...

  • The Network of EU IFIs expresses deep concerns over the Danish IFI’s ability to effectively perform its functions

    In a statement, the Network of EU IFIs expresses deep concerns over the Danish IFI's ability to effectively perform its functions. This statement has been realeased after the Danish Government's decision to recolocate the Danish Economic Council away from the Copenhagen area. The Network, whose president is José Luis Escrivá, understands that the...

  • Stability Target Monitoring Update November 2017

    Access to the Stability Target Monitoring Cards / November 2017: A. General Government B. Central Administration  D. Social Security Funds E. Regions

  • Report on the Macroeconomic Forecasts for the 2018 Budget of the Autonomous Regions

    Access to the Report on the Macroeconomic Forecasts for the 2018 Budget of the Autonomous Regions

  • The OECD releases the review of the AIReF

    The OECD released on November 29th 2017 the review of the Independent Authority for Fiscal Responsibility, the Spanish Independent Fiscal Institution (IFI). In the executive summary of the report, the OECD explains that “the Autoridad Independiente de Responsabilidad Fiscal, known as AIReF, was established in 2013 as part of a...

  • Report on the main budgetary lines of the Local Corporations for 2018

      Access to Report on the main budgetary lines of the Local Corporations for 2018 

  • Report on the main budgetary lines of the Autonomous Regions for 2018

    Access to the executive summary of the Report on the main budgetary lines of the Autonomous Regions for 2018

  • AIReF endorses the Government’s macroeconomic forecast for the 2018 Draft Budgetary Plan but anticipates a significant downward correction for 2018 due to the political and institutional uncertainty in Catalonia

    Access to the report on the Macroeconomic Forecasts in the Draft General Government Budget for 2018

  • AIReF hosted the Seminar on Debt Sustainability Analysis

      High level economists, specialized in macroeconomic and debt sustainability issues, meet at AIReF to analyze Public Debt Sustainability at an international seminar Access to seminar's webcast  The Independent Authority for Fiscal Responsibility organized an international session on Debt Sustainability Analysis. The participants at the event belong to a selected group of...

  • Public debt sustainability seminar organized by AIReF

      This initiative is part of AIReF´s effort to foster discussion and improve communication between policy makers, practitioners and researchers. The idea is simple: a short presentation with potential policy recommendations followed by an open discussion on the main points raised by the speakers. The seminar will be introduced by José...

  • Report on the setting of individual budget stability and regional government debt targets for the Autonomous Regions 2018-2020

      In this report, AIReF analyses the proposals submitted by the Ministry of Finance and Civil Service (MINHAFP) on the horizontal distribution of budgetary stability and public debt targets in the Autonomous Regions (ARs) for the period 2018-2020. As in previous years, the AIReF assessment focuses on the first year,...

  • Executive summary of the Report on compliance with the 2017 budget stability and debt targets and the expenditure rule by the different public administrations

    The aim of this report is to assess the likelihood of compliance in 2017 with the budget stability and debt targets and with the expenditure rule by the different public administrations. Also, for the Autonomous Regions (ARs) that have submitted information on the Economic-Financial Plan (EFP) for AIReF’s report prior...

  • AIReF prescriptive opinion on pension revaluation confirms that a 0.25% increase should be applied in 2017

    On the basis of its analysis, AIReF concludes that the minimum increase of 0.25% should be applied to contributory pensions in 2017, as stated in the Spanish General State Budget Law for 2017. AIReF has to issue an opinion on the figures used by the Spanish Ministry of Employment &...

  • AIReF report on the Economic-Financial Plan for the Basque Country

    Today,  the Independent Authority of Spanish Fiscal Responsibility (AIReF) published the report on the draft Economic-Financial Plan (PEF) of the Autonomous Community of the Basque Country. The report states the expected expenditure to be enough for compliance with the expenditure rule in 2017 and 2018, albeit with little margin. Therefore, any...

  • AIReF report on the Economic-Financial Plan for Murcia

    Today on its website, the Independent Authority of Spanish Fiscal Responsibility (AIReF) published the report on the draft Economic-Financial Plan (PEF) of the Autonomous Community of the Region of Murcia. The report recommends to the community to adopt certain actions as it is unlikely that it will be able to...

  • José Luis Escrivá takes part in a conference on General State Budgets organized by the APD and Deloitte

    On Wednesday, the President of the Independent Authority of Spanish Fiscal Responsibility (AIReF), José Luis Escrivá, participated in a conference on the 2017 General State Budgets organized by the Association for Management Progress (APD) together with Deloitte, held at the Hotel Meliá Castilla in Madrid. José Luis Escrivá analysed financial sustainability...

  • José Luis Escrivá takes part in a conference on the economic growth and sustainability of public finances organized by the Central Bank of Portugal

    This Monday, the President of the Independent Authority of Spanish Fiscal Responsibility (AIReF), José Luis Escrivá took part in a Lisbon conference on economic growth and sustainability of public finances organized by the Central Bank of Portugal. José Luis Escrivá analysed the institutional framework and the application of fiscal-structural reforms during...

  • The EU Network of Independent Fiscal Institutions held its 7th meeting in Brussels

    The EU Network of Independent Financial Institutions (EUNIFI) held its seventh meeting on June 27 with the presence of the Independent Fiscal Institutions (IFIs) and representatives from the European Commission’s Directorate-General for Economic and Financial Affairs (DGECFIN). José Luis Escrivá, the president of the Independent Authority for Fiscal Responsibility (AIReF)...

  • AIReF gathers in Madrid the economic advisors from the main governments for an International Conference

    The Spanish Independent Authority for Fiscal Responsibility (AIReF) has gathered the economic advisors from the main Governments in an International Conference chaired by the AIReF’s president, José Luis Escrivá. Some of the most relevant topics regarding the international and mostly European economies were addressed throughout the day. This initiative was...

  • Hearing by José Luis Escrivá in the European Parlament

    Pie de foto: Foto:© European Union 2017 - Source : EP.   José Luis Escrivá, in his capacity as President of the Network of EU Independent Fiscal Institutions, was invited to give an address today at the European Parliament, in the plenary session of the Inter-parliamentary Conference on Stability, Economic Coordination...