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 to the formulation of recommendations and proposals to the Ministry of Finance and Public Function for their correction under the premise that the existence of a robust budgetary process results in an improvement in the quality of public finances and debt sustainability. This analysis systematically gathers the main weaknesses identified by AIReF in the course of its work.
