The Independent Authority for Fiscal Responsibility (AIReF) today published the three studies forming part of the second phase of the 2022-2026 Spending Review, assessing temporary disability, official development assistance, and minimum income scheme.
In the first phase, AIReF conducted a second study on financial instruments to support productive sectors and on mutual insurers. AIReF will complete the evaluation cycle with the third phase, in which it will assess the 2014-2020 multiannual financial framework, employment policies, and the two COVID guarantee lines channelled through the ICO.
Looking ahead, the continuity of the Spending Reviews is underpinned by commitments made to the European institutions, as this was one of the requirements for extending the adjustment period under the Medium-Term Structural-Fiscal Plan (MTP).
During the presentation of the studies, AIReF President Cristina Herrero noted that, beyond this support, determination will be required to consolidate the progress achieved in evaluation over recent years. AIReF will continue to advance in the implementation of the recommendations arising from the external evaluation conducted in 2024, through the publication of a resolution setting out the criteria for prioritising studies and the creation of a citizen-participation space on its website to invite the public to indicate which policies they consider the institution should evaluate.
The Government, meanwhile, should address the external evaluation’s recommendation to reform the AIReF Organic Law in order to provide evaluation activities with the same legal guarantees as fiscal supervision, improve planning, avoid mandates imposed by law or decree, and integrate evaluation into economic policy decision-making and the budgetary cycle.
DEVELOPMENT ASSISTANCE
MINIMUM INCOME SCHEME
