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    AIReF English

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

    AIReF endorses the government’s macroeconomic scenario, but warns of downside risks due to the economic context

    Aval previsiones macro 2022
      The Independent Authority for Fiscal Responsibility considers that the Stability Programme sets out feasible scenarios on both the macroeconomic and fiscal side, but identifies vulnerabilities and asserts that it is still not a true medium-term fiscal strategy The structural deficit will stand at around 4% in 2025, 0.6 points above the pre-pandemic level The ... Read more