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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 2021 Budget for Valencian Community

    Pursuant to the provisions of Organic Law 6/2013 on the creation of AIReF, the macroeconomic forecasts that are incorporated into the draft budgets of the Public Administrations must have an AIReF report indicating whether they have been endorsed or not.

    This report assesses the macroeconomic forecasts that will accompany the preliminary draft budget for 2021 of the Valencian Community.

    This Community presents GDP growth estimates at constant prices and employment for 2020-2021. In addition to evaluating the degree of realism of these forecasts, it is also assessed whether the scenarios meet the requirements established by European regulations for the EU Member States, as specified in article 4 of Directive 2011/85/EU, of November 8, 2011.

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