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    AIReF English

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

    Cristina Herrero presents in the Senate the reports on the Main Lines of the Public Administrations’ Budgets

      On October 4th, AIReF endorsed the macroeconomic outlook that accompanies the Budgets as it considered the nominal GDP growth forecast by the Government to be feasible, although it warned of predominating risks in 2023 The most recent employment data are relatively robust, but growth in services and manufacturing industries are slowing, confidence is not ... Read more

    AIReF endorses Asturias’s macroeconomic forecasts for 2023

    Asturias, parlamento
    The Independent Authority for Fiscal Responsibility (AIReF) endorses the forecasts presented by Asturias for 2023. These forecasts are prepared in a context of uncertainty that complicates their assessment at a national level, but heightens them at a territorial level since the latest information available on the Spanish Regional Accounts refers to 2020 and is not ... Read more

    AIReF endorses the government’s macroeconomic forecasts, but warns of significant downside risks

    Carpetas de AIReF
    AIReF notes that the Government's nominal growth estimate is in the central range of the probability intervals of its scenario. However, it perceives downside risks in the real growth forecast by the Government for 2023, of 2.1%, compared with the 1.5% estimated by AIReF Among the risks, it points to the deterioration of the advanced ... Read more

    Cristina Herrero receives the highest distinction to merit in the Economy Service 2022 granted by the General Council of Economists

    CRISTINA HERRERO RECIBE EL PREMIO GRAN CRUZ AL MÉRITO EN EL SERVICIO DE LA ECONOMÍA 2022 QUE OTORGA EL CONSEJO GENERAL DE ECONOMSITAS
    The President states that AIReF is a much-needed institution and she intends to establish its durability and usefulness for society, as well as to strengthen the institution's independence, transparency and accountability The President of the Independent Authority for Fiscal Responsibility (AIReF), Cristina Herrero, today received the “Grand Cross of Merit in Service to the Economy”, ... 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

    AIReF incorporates a new Tax Agency indicator into its MIPred forecasting model

    Carpetas de AIReF
    The quarter-on-quarter estimate for the first quarter of 2022 is reduced to 0.9%, implying a year-on-year rate of 7% The Independent Authority for Fiscal Responsibility (AIReF) has added a new indicator to its MIPred forecasting model with the aim of maximising the use of data to reduce the delay in the availability of information for ... Read more