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    AIReF English

    “Our mission is to guarantee effective compliance of the financial sustainability principle by the General Goverment”

    Methodology of health, education and long-term care models

    This technical document develops the methodologies used to forecast the ratio of spending on health, education and long-term care to GDP in Spain for the 2070 horizon used in the Opinion on the long-term sustainability of Public Administrations: the incidence of demographics. The document develops three different methodologies: the long-term health expenditure estimation methodology, the ... Read more

    The impact of pension system reforms between 2021 and 2023

    Law 21/2021 on the guarantee of the purchasing power of pensions and other measures to reinforce the financial and social sustainability of the public pension system modified the system of rewards and punishments in force to date, established the revaluation of pensions with the CPI and repealed the sustainability factor. AIReF has assessed the impact ... Read more

    Population projections 2022-2070

    AIReF developed in 2018 various tools for the projection of pension spending, including models and tools to estimate the expected evolution of demographic phenomena -fertility, mortality and net immigration- with the purpose of projecting the total population by cohorts. On the occasion of the new population projections d for the Opinion on Long-term Sustainability in ... Read more

    AIReF warns of the high pressure of an ageing population on public finances and calls for a comprehensive perspective for their sustainability

    EXECUTIVE SUMMARY OF THE OPINION ON THE LONG-TERM SUSTAINABILITY OF PUBLIC ADMINISTRATIONS: THE IMPACT OF DEMOGRAPHICS. PRESENTATION OF THE OPINION ON THE LONG-TERM SUSTAINABILITY OF PUBLIC ADMINISTRATIONS: THE IMPACT OF DEMOGRAPHICS PRESS RELEASE OF THE OPINION ON THE LONG-TERM SUSTAINABILITY OF PUBLIC ADMINISTRATIONS: THE IMPACT OF DEMOGRAPHICS OPINION ON THE LONG-TERM SUSTAINABILITY OF PUBLIC ADMINISTRATIONS: ... Read more

    AIReF renews the 9 members of its Advisory Board and incorporates an expert in management and public health

    Advisory Board
    The president of the Independent Authority for Fiscal Responsibility (AIReF), Cristina Herrero, has renewed the nine members of the institution's Advisory Council from March 2021 and has added Rafael Bengoa, a doctor in Management and Public Health. He will give special support to the new assessments in health human resources management and strategy that AIReF ... Read more

    Cristina Herrero reviews the main challenges for the sustainability of public finances in an interview on “TVE Parlamento”

    Cristina Herrero entrevista RTVE
      ACCESS TO THE PARLIAMENT PROGRAMME BROADCAST ON 11 MARCH 2023. ONLY IN SPANISH. The president of the Independent Authority for Fiscal Responsibility (AIReF), Cristina Herrero, gave an interview at “TVE Parlamento” in which she reviewed the main challenges for the sustainability of public finances and highlighted the need to take advantage of the year ... Read more

    Cristina Herrero: “We need a strategic vision that allows us to respond to the challenges of the future”

    CH en Institución Futuro 4
    Today the president of AIReF gave a lecture at the “Institución Futuro” in which she stressed the importance of taking advantage of this year to define a strategic vision to respond to the challenges of the future and to prepare for the new scenario that opens in 2024, the first without suspended fiscal rules since ... Read more

    Cristina Herrero points out that sustainability is a responsibility of all public administrations

    Cristina Herrero en IVIE
    The president of the Independent Authority for Fiscal Responsibility (AIReF), Cristina Herrero, today called for the definition of a comprehensive fiscal strategy to ensure the sustainability of public finances in which all Public Administrations (PAs) must be involved. The president, who took part in the conference 'Debt and sustainability of regional finances' organised by IVIE, ... Read more

    AIReF will focus on the medium-term in 2023 and continue to strengthen its guiding principles

    Annual Report 2022
    The Independent Authority for Fiscal Responsibility will publish an Opinion on the long-term sustainability of public administrations, a simulator and medium-term scenarios for the Autonomous Regions It will participate in discussion forums on the reform of fiscal rules in the EU and will replicate the methodology proposed by the Commission for projecting debt scenarios It ... Read more

    AIReF calls for applications for the ninth edition of grants for the promotion of training and research

    Sede de AIReF
    The Independent Authority for Fiscal Responsibility, AAI (AIReF) has approved a Resolution announcing the new edition of the grants to universities and other Academic Centres for the promotion of training and research in the field of economic and budgetary analysis for fiscal stability and sustainability. The Resolution has been published today on its website and ... Read more