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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 Region of Valencia’s Budget for 2024

    The Independent Authority for Fiscal Responsibility (AIReF) endorses the forecasts accompanying the 2024 draft budgets of the Valencian Region, which present estimates in volume terms for the period 2023-2025 and employment for the period 2023-2024. The Comunitat Valenciana estimates GDP growth in volume terms of 1.9% in 2024. This forecast coincides with AIReF's central estimate ... Read more

    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

    Report on the projects and main budgetary lines of the Local Entities for 2024

    REPORT ON THE PROJECTS AND MAIN BUDGETARY LINES OF THE GENERAL GOVERNMENT FOR 2024: SUPPLEMENTARY REPORT ON THE INDIVIDUAL EVALUATION OF LOCAL ENTITIES. SPANISH VERSION EXECUTIVE SUMMARY The Independent Authority for Fiscal Responsibility (AIReF) publishes the Individual Assessment Report on Local Corporations (CCLL), which accompanies the Report on the Main Lines of the Public Administrations ... Read more

    Individual reports on the projects and main budgetary lines of the Autonomous Regions for 2024

    The Independent Authority for Fiscal Responsibility (AIReF) publishes the individual reports on the Autonomous Regions' draft budgets for 2024 and the report with the individual analysis of the Autonomous Regions. AIReF estimates that the Autonomous Regions subsector will reach a surplus of 0.2% of GDP, compared to the deficit of 0.1% foreseen by the Budget ... Read more

    Report on the Main Budgetary Lines of the Public Administrations for 2024

    REPORT ON THE MAIN BUDGETARY LINES OF THE PUBLIC ADMINISTRATIONS FOR 2024 EXECUTIVE SUMMARY The Independent Authority for Fiscal Responsibility (AIReF) publishes the Report on the Main Lines of the Public Administration Budgets 2024, in which it analyzes the 2024 Budget Plan sent to Brussels, which is configured as Spain's main fiscal milestone for 2024 ... Read more

    Report on the macroeconomic forecasts of Andalusia’s Budget 2024

    The Independent Authority for Fiscal Responsibility (AIReF) endorses the forecasts accompanying Andalusia's 2024 draft budgets. Andalusia presents estimates of gross domestic product (GDP) growth in volume terms and at current prices, of the implicit GDP deflator and of employment, for the period 2023-2024, different from the latest estimates of the macroeconomic scenario for the country ... Read more

    Report on the macroeconomic forecasts of the 2024 Budget of the Region of Madrid

    The Independent Authority for Fiscal Responsibility (AIReF) endorses the forecasts accompanying the 2024 draft budgets of the Community of Madrid, which presents estimates of GDP growth in volume terms and employment for the period 2023-2024. The community places GDP growth in a range between 1.9% and 2.1%, somewhat higher than AIReF's central estimate of 1.8%, ... Read more

    Report on the macroeconomic forecasts of Extremadura’s Budget 2024

    The Independent Authority for Fiscal Responsibility (AIReF) endorses the forecasts accompanying Extremadura's 2024 draft budget, which presents estimates of GDP growth in volume terms and employment for the period 2023-2026 that differ from the latest estimates of the macroeconomic scenario for the country as a whole. Extremadura estimates GDP growth in volume terms of 2% ... Read more

    Report on the macroeconomic forecasts of Galicia’s Budget 2024

    The Independent Authority for Fiscal Responsibility (AIReF) endorses the forecasts accompanying Galicia's 2024 draft budget, which presents estimates of GDP growth and its components on the supply and demand side in volume terms, as well as GDP in current terms, the implicit GDP deflator and employment for the period 2023-2024 different from the latest estimates ... Read more

    Report on the macroeconomic forecasts of Aragon’s Budget 2024

    The Independent Authority for Fiscal Responsibility (AIReF) endorses the forecasts accompanying Aragon's 2024 draft budget, which presents estimates of GDP growth, in volume terms and at current prices, of the GDP deflator and of employment and the unemployment rate for the period 2023-2024 that differ from the latest estimates of the macroeconomic scenario for the ... Read more