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    AIReF English

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

    Opinion on the Budgetary Procedure

    The Independent Authority for Fiscal Responsibility (AIReF), since the beginning of its activity in 2014, has detected certain weaknesses in the General State Budget (PGE), both with respect to the information published and the procedure. These shortcomings have been aggravated in the draft 2023 PGE. Repeatedly, these weaknesses in the budgetary procedure have given rise ... Read more

    Opinion on the long-term sustainability of public administrations: The impact of demographics

    OPINION ON THE LONG-TERM SUSTAINABILITY OF PUBLIC ADMINISTRATIONS: THE IMPACT OF DEMOGRAPHICS EXECUTIVE SUMMARY The mission of the Independent Authority for Fiscal Responsibility (AIReF) is to ensure effective compliance with the principle of financial sustainability by the Public Administrations (PAs), as this is a fundamental determinant of economic growth and the well-being of the population ... Read more