February 11, 2026

Update to the Technical Document on Tax Revenue Variability 2019–2025

February 15, 2026February 11, 2026 by Teresa Lázaro

Technical Document The Independent Authority for Fiscal Responsibility (AIReF) has published an update to its Technical Document on tax revenue variability, analysing the factors driving revenue growth since 2019. Specifically, AIReF distinguishes six components that affect revenue: the real component (linked to economic performance), the price component, the component associated with the increase in the ... Read more

AIReF updates its analysis of the factors driving tax reveneu growth

June 4, 2026February 11, 2026 by Teresa Lázaro

Imagen que muestra una carpeta o publicación de la AIReF

AIReF has updated its Technical Document on the variability of tax revenue, analysing tax receipts for the period 2019–2024 and presenting its forecasts for 2025 It maintains its conclusions on revenue growth in 2021, 2022 and 2023 In 2024, revenue growth accelerated again, rising by more than 8%, driven by economic activity, prices and the ... Read more

Cristina Herrero calls for an integrated and comprehensive strategy focusing on growth and sustainability of public finances

March 6, 2026February 11, 2026 by Teresa Lázaro

Cristina Herreo en el foro de Ibercaja y la Cámara de Comercio de Burgos

The president of the Independent Authority for Fiscal Responsibility (AIReF), Cristina Herrero, took part today in the Ibercaja Conference organised by the Official Chamber of Commerce, Industry and Services of Burgos, where she reviewed Spain’s economic and fiscal outlook and called for a comprehensive, wide-ranging strategy focused on growth and the sustainability of the public ... Read more