The Independent Authority for Fiscal Responsibility (AIReF) today published on its website the follow-up of the recommendations to the Public Administrations issued by the institution during the second quarter of 2023. In that period, AIReF issued 11 recommendations aimed at emphasizing medium-term orientation, reinforcing budgetary stability and improving the transparency of public accounts.
AIReF issues recommendations in the reports it prepares throughout the year. These recommendations are governed by the comply or explain principle, the institution’s main tool for fulfilling its mandate. This principle establishes that administrations have the obligation to follow AIReF’s recommendations or explain the reasons for deviating from them. Through the application of this principle, the recommendations made by AIReF give rise to a constructive and transparent dialogue between AIReF and the competent administrations.