About us. Our values

The Independent Authority for Fiscal Responsibility, AIReF, was created as an institution with a duty to fulfil its mission on the basis of 3 key principles: independence, transparency and accountability.

Independence

AIReF operates with complete organisational and functional independence in order to carry out its purpose. Such independence is a prerequisite for success in its remit.

Neither the President nor the members of its governing bodies or anyone else on the staff of AIReF may request or take instructions from any public or private entity.

Transparency

AIReF sees transparency as a commitment to provide citizens with all the relevant information on its reports, opinions and studies as well as on the fundamentals thereof in an open, clear and timely manner.

The institution will make public the methodology and criteria underpinning its reports, opinions and studies in collaboration with the various Public Administrations and international organisations.

Accountability

Accountability is the third key element in AIReF’s activities. In addition to the President reporting at least once a year to Parliament, attendance at other parliamentary hearings is also provided for as part of a communication policy that reinforces this accountability in an open and continuous manner.

AIReF shall be subject to regular external evaluation not only of its institutional reports but also of its own governance and organic structure and even its mandate. Its accounts shall also be subject to review by the Government Comptroller’s Office (IGAE, as it is known by its Spanish acronym) and the Spanish Court of Auditors.