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    AIReF English

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

    Report on the macroeconomic forecasts of Castile-La Mancha’s Budget 2024

    This report assesses the forecasts accompanying the 2024 draft budget of Castile-La Mancha, which presents estimates of GDP growth, in volume terms and at current prices, and of employment in terms of employed persons from Regional Accounting for the period 2023-2026 different from the latest estimates of the macroeconomic scenario for the national set. Castile-La ... Read more

    Supplementary Report on Budgetary Execution, Public Debt, Spending Rule 2023 of Local Entities

    The Independent Authority for Fiscal Responsibility (AIReF) has the legal mandate to report every year on the budget execution, public debt and expenditure rule of the different Public Administrations (PAs). This report is complementary to the one published last July 6 and includes the individualized assessment of the main fiscal indicators that make it possible ... Read more

    Individual reports by Autonomous Regions of the Budgetary Execution Report, Public Debt, Expenditure Rule 2023

    AIReF publishes the individual reports on the budgetary execution, public debt and expenditure rule 2023 of the Autonomous Regions. These reports complete the pronouncement on the subsector contained in the Report on the budgetary execution, public debt and expenditure rule in 2023 of the General Government. AIReF raises the deficit of the subsector for 2023 ... Read more

    Report on Budgetary Execution, Public Debt and the Expenditure Rule 2023 of General Government

    The Independent Authority for Fiscal Responsibility (AIReF) publishes the Report on the Budgetary Execution, Public Debt and Expenditure Rule 2023 of the General Government, in which it updates its macroeconomic and fiscal forecasts after incorporating the latest available data and the new measures adopted by the governments. AIReF projects that real GDP growth for 2023 ... Read more

    Report on the Stability Programme Update 2023-2026

    The Independent Authority for Fiscal Responsibility (AIReF) publishes the Report on the Stability Programme Update 2023-2026 in which it states that the Government is complying with its commitment to reduce the public deficit to below 3% of GDP over the projection horizon, although, according to the institution's forecasts, this variable will stabilize at 3% from ... Read more

    Endorsement of the macroeconomic forecasts of the Stability Programme 2023-2026

    The Independent Authority for Fiscal Responsibility publishes its endorsement of the macroeconomic forecasts that accompany the Stability Programme Update (SPU) for the years 2023-2026. AIReF considers that both the real and nominal GDP path are feasible and, therefore, endorses the medium-term macroeconomic scenario proposed by the Government. However, it stresses that the endorsement has been ... Read more

    Supplementary Individual Assessment Report on the 2023 Budgets of Local Governments

    The Independent Authority for Fiscal Responsibility (AIReF) has to issue a report in April each year on the variations in the budgets to be executed in the year by the Public Administrations (PAs) with respect to the fundamental lines drawn up at the start of the budget cycle. Within the analysis of the Local Corporations ... Read more

    Individual Reports on the Initial Budgets of the Autonomous Regions for 2023

    The Independent Authority for Fiscal Responsibility (AIReF) publishes the individual reports on the Initial Budgets of the Autonomous Regions (CCAA) for 2023, with which it completes the global analysis of the Public Administrations published last April 5. For the subsector as a whole, the institution estimates a deficit of 0.3% in 2023, similar to the ... Read more

    Report on the Initial Budget of the General Government 2023

    The Independent Authority for Fiscal Responsibility (AIReF) publishes the Initial Budget Report for the Public Administrations 2023, in which it updates its macroeconomic and fiscal forecasts, incorporating the impact of the measures approved or extended since the last report. AIReF maintains the growth estimate at 1.6% for 2023 and raises the public deficit estimate for ... Read more

    Report on the macroeconomic forecasts of Asturias’ Budget 2023

    This report assesses the macroeconomic forecasts accompanying the draft 2023 budget for Asturias, which presents estimates of GDP growth, in volume terms, and employment for the period 2022-2023, different from those used in the General State Budget (PGE). According to the Asturias scenario, GDP could grow by 3.8% in 2022. This figure is more conservative ... Read more