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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 2018 Budget of the Autonomous Communities

    The Independent Authority for Fiscal Responsibility (AIReF) endorses as probable the macroeconomic forecasts for 2018 of all the Autonomous Regions that have submitted forecasts that differ from those of Spain, according to the Report published below.

    For its assessment, AIReF has taken into account the exceptional nature of the budgetary calendar, as well as the existence of risks arising from the situation of political and institutional uncertainty in Catalonia. The forecasts for 2018 continue to face scenarios of downside risks, mainly derived from the still persistent uncertainty in the current political context in Catalonia.