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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

    Cristina Herrero highlights the role of fiscal institutions in the new fiscal framework

    Cristina Herrero en la Cátedra Fundación La Caixa Economía y Sociedad
    The President of the Independent Authority for Fiscal Responsibility (AIReF), Cristina Herrero, took part today in the “La Caixa” Foundation Chair in Economics and Society and highlighted the role that independent fiscal institutions such as AIReF will play in the new fiscal framework, if the proposal published by the Commission on November 9th comes to ... Read more

    Cristina Herrero believes that evaluation should be consolidated as a key tool in the sustainability of public finances

    Cristina Herrero jornada Spending Review IEHPA
    The president of the Independent Authority for Fiscal Responsibility (AIReF), Cristina Herrero, participated today in the conference on Spending Reviews organized by the Institute of Studies on Public Finance of Andalusia (IEHPA) and affirmed that evaluation must be consolidated as a key tool in the sustainability of public finances. As Cristina Herrero explained, the generation ... Read more

    Cristina Herrero, after receiving the APIE ‘Tintero’ award, states, “Without transparency, AIReF would not be AIReF”

    Cristina Herrero recibe el premio Tintero que le entrega el presidente de la APIE
    The President of the Independent Authority for Fiscal Responsibility (AIReF), Cristina Herrero, today received the ‘Tintero’ award granted by the Association of Economic Information Journalists (APIE) for her work at the head of the institution. After receiving the award, the President highlighted the importance of transparency for AIReF – one of the pillars of the ... Read more

    Cristina Herrero highlights the role of fiscal institutions as guarantors of sustainability

    X Congreso Nacional de Auditorias - Cristina Herrero
    The President of the Independent Authority for Fiscal Responsibility (AIReF), Cristina Herrero, participated today in the 10th National Congress on Auditing in the Public Sector organised by the FIASEP Foundation. During her speech, she reviewed the role played by fiscal institutions such as AIReF, which have the core mandate of ensuring the sustainability of public ... Read more

    Cristina Herrero participates in the 9th Iberian Seminar of Economists

    The President of the Independent Authority for Fiscal Responsibility (AIReF), Cristina Herrero, participated today, together with her Portuguese counterpart, Nazaré da Costa, in the 9th Iberian Seminar of Economists, organised by the Consejo General de Economistas of Spain and the Ordem dos Economistas of Portugal. Cristina Herrero highlighted the role that these institutions play, which ... Read more

    AIReF identifies significant deficiencies in the 2023 Budget and warns of its weakness as a key economic policy instrument

    Cristina Herrero en el Congreso de los Diputados
    Cristina Herrero stresses that these deficiencies, observed in previous years, are worsening and detract from the quality of the information in the Budget, undermine its potential as a tool for economic planning and weaken its accountability function The deficiencies include underestimation of 2022 revenue, failure to incorporate measures, lack of information on execution of the ... 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

    “The risks that we perceived a few months ago are materializing”, says Cristina Herrero

    Cristina Herrero en el Colegio de Economistas de Valladolid, Palencia y Zamora
    The President of the Independent Authority for Fiscal Responsibility (AIReF), Cristina Herrero, participated on Tuesday in the inauguration of the new governing board of the Association of Economists of Valladolid, Palencia and Zamora and stated that the risks that were perceived a few months ago on the national and, above all, international stage are now ... Read more

    Cristina Herrero states that evaluation will be fundamental in the future fiscal framework to ensure the quality of public finances

    The President of the Independent Authority for Fiscal Responsibility (AIReF), Cristina Herrero, stated today that evaluation will be fundamental in the future fiscal framework for ensuring the quality of public finances. Sustainability, economic growth and quality finances, which will be at the heart of the future framework, will need evaluation to allow for evidence-based decision-making. … Read more