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    AIReF English

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

    AIReF publishes the Report on the Draft Budgets of Regional Governments and the Budgetary Plan

     This report analyses the draft budgets of the Autonomous Regions (ARs) and Local Government (LGs) and provides an overview of the budget forecasts of the General Government (GG) by analysing the budgetary plan submitted to Brussels. AIReF incorporates medium-term forecasts since the suspension of fiscal rules at both a national and European level requires paying ... Read more

    Report on the macroeconomic forecasts for the 2023 budget for Navarra

    The Independent Authority for Fiscal Responsibility (AIReF) endorses and considers feasible the forecasts for 2023 presented by the Autonomous Community of Navarra. On the other hand, it considers that the forecast scenario put forward by the region for 2022 could turn out to be optimistic, despite the favorable performance of the first half of the ... Read more

    AIReF endorses the macroeconomic forecasts of Navarra for 2023

    The Independent Authority for Fiscal Responsibility (AIReF) endorses and considers feasible the forecasts for 2023 presented by Navarre. However, it considers that the forecast scenario proposed by the region for 2022 might be optimistic, despite the favourable performance of the first half of the year. According to the Law on the Establishment of AIReF, the ... Read more

    Individual reports by Autonomous Community of the Budget Execution Report, Public Debt, Expenditure Rule 2022

    BUDGET EXECUTION REPORT, PUBLIC DEBT, 2022 EXPENDITURE RULE OF ANDALUSIA. SPANISH VERSION. BUDGET EXECUTION REPORT, PUBLIC DEBT, EXPENDITURE RULE OF ARAGON 2022. SPANISH VERSION. BUDGET EXECUTION REPORT, PUBLIC DEBT, EXPENDITURE RULE 2022 OF ASTURIAS. SPANISH VERSION. BUDGET EXECUTION REPORT, PUBLIC DEBT, EXPENDITURE RULE 2022 OF THE BALEARIC ISLANDS. SPANISH VERSION. BUDGET EXECUTION REPORT, PUBLIC DEBT, ... Read more

    Supplementary Individual Evaluation Report on Budgetary Execution, Public Debt and the Expenditure Rule of Local Governements 2022

    The Independent Authority for Fiscal Responsibility (AIReF) publishes the Report on Budget Execution, Public Debt and the 2022 Expenditure Rule of Public Administrations, in which it updates its macroeconomic and fiscal forecasts in a context in which risks to the down on economic growth. In a complementary manner, AIReF publishes a Report with the data ... Read more

    Cristina Herrero states that a comprehensive medium-term fiscal strategy would help manage the current uncertainty

    The President of the Independent Authority for Fiscal Responsibility (AIReF), Cristina Herrero, participated today in the Fórum Europa, organised by Nueva Economía Fórum, and stated that designing a credible and realistic medium-term fiscal strategy, involving all levels, would help manage the current uncertainty. The President of AIReF said that the succession of shocks over the last … Read more

    Cristina Herrero states that evaluation will be fundamental in the future fiscal framework to ensure the quality of public finances

    The President of the Independent Authority for Fiscal Responsibility (AIReF), Cristina Herrero, stated today that evaluation will be fundamental in the future fiscal framework for ensuring the quality of public finances. Sustainability, economic growth and quality finances, which will be at the heart of the future framework, will need evaluation to allow for evidence-based decision-making. … Read more

    OP-ED piece by Cristina Herrero in ‘El País’: “Independent Fiscal Institutions are a key element in the European fiscal coordination”

    The president of the Independent Authority for Fiscal Responsibility (AIReF), Cristina Herrero, has written an editorial in the newspaper El País in which she discusses the future reform of the European fiscal framework and the role of Independent Fiscal Institutions (IFIs), key pieces of European fiscal coordination. After reviewing the creation of the Stability and ... Read more

    Cristina Herrero: “Member states will have to optimise EU resources to confront international shocks

    Cristina Herrero Líderes en Directo, Consejo General de Economistas
    Subheading: AIReF's President believes a fiscal framework will need to be designed to meet new investment needs without jeopardising the sustainability of public finances The President of the Independent Authority for Fiscal Responsibility (AIReF) stated today that, given the succession of external shocks that dominate the international scene, the EU and its Member States face ... Read more