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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 the 2019 Budget of the Balearic Islands

    This report assesses the macroeconomic forecasts that accompany the draft 2019 budget of the Balearic Islands, as they are forecasts differentiated from those of the Spanish economy as a whole.

    GDP and Employment forecasts are evaluated, analyzing the presence of biases. As a result of its analysis, AIReF endorses as probable the macroeconomic forecasts for 2019 for the Balearic Islands, as there are no upward biases.