The Independent Authority for Fiscal Responsibility (AIReF) endorses the macroeconomic forecasts proposed by Galicia for 2022 as prudent. The community’s estimates for 2021 are considered highly unlikely but reasonable given the high degree of uncertainty.
According to the Law creating AIReF, the macroeconomic forecasts that are incorporated into the budget projects of all Public Administrations must have a report from the Institution indicating whether they have been endorsed. Specifically, this report assesses the macroeconomic forecasts that will accompany the 2022 budget projects for Andalusia.