The Independent Authority for Fiscal Responsibility (AIReF) endorses the forecasts of the Government’s macroeconomic scenario for the 2018 Draft Budget Plan, according to the Report published below, and considers that “the Government’s macroeconomic scenario is realistic as a whole”.
However, AIReF warns in the Report of the impact of the uncertainty over Catalonia and points to a significant downward correction of the inertial path of GDP, as well as an associated deterioration of public finances.