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    AIReF English

    “Our mission is to guarantee effective compliance of the financial sustainability principle by the General Goverment”

    AIReF estimates a deficit of 10.9% GDP in 2020 but does not rule out the possibility of 13.8% in a more adverse scenario

    Cristina-Herrero-presenta-informe-APE-
    In its report on the Stabiility Programme Update (SPU), the Independent Authority for Fiscal Responsability (AIReF) has included two of its own macroeconomic and fiscal scenarios to respond to current circumstances In the most positive scenario, which is similar to that of the Stability Programme Update (SPU), the deficit would be 10.9% GDP in 2020. ... Read more