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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

    Opinion on fiscal transparency in Spains’s General Government. Spanish version

    PRESS RELEASE OF THE OPINION ON FISCAL TRANSPARENCY IN SPAIN'S GENERAL GOVERNMENT PRESENTATION OF THE OPINION ON FISCAL TRANSPARENCY IN SPAIN'S GENERAL GOVERNMENT OPINION ON FISCAL TRANSPARENCY IN SPAIN'S GENERAL GOVERNMENT ANNEX TO THE OPINION ON FISCAL TRANSPARENCY IN SPAIN'S PUBLIC AUTHORITIES. Andalucía. SPANISH VERSION ANNEX TO THE OPINION ON FISCAL TRANSPARENCY IN SPAIN'S PUBLIC ... Read more

    Opinion on the sustainability of the Social Security System

    The Independent Authority for Fiscal Responsibility (AIReF) publishes an Opinion on the Sustainability of the Social Security, in which it analyzes in depth the short and long-term problems of its financial situation. The analysis and diagnosis of the sustainability of the Social Security is among the responsibilities of the Independent Authority for Fiscal Responsibility (AIReF). ... Read more

    Assessment of the 2015 Revalorisation Pension Index

    Opinión índice revalorización pensiones

    The 2015 revalorisation pension index stands below 0.25%, therefore the minimum increase is applicable. According to the provisions included in its Organic Law, AIReF has assessed the compliance of the 2015 State Draft Budget and Main budgetary lines of the Regional Governments to the budget stability, debt and expenditure rule objectives. AIRef considers that “the … Read more