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    AIReF English

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

    AIReF publishes the studies of the third phase of the Spending Review 2018-2021

    Carpetas de AIReF
    The Independent Authority for Fiscal Responsibility (AIReF) has published today on its website two studies on 'Municipal Waste Management' and on 'Public Sector Financial Instruments to Support Productive Sectors of the Spanish Economy', which are part of phase III of the Spending Review 2018-2021 committed with the European Commission. The publication of both studies is ... Read more

    Municipal waste management study

    This study of phase III of the Spending Review 2018-2021 provides evidence on the effectiveness and efficiency of a set of instruments available to public administrations to achieve the objectives that Spain has ahead in terms of municipal waste management. The scope of this study is limited to municipal waste, defined in Law 7/2022 as ... Read more

    AIReF improves its GDP growth forecast to 2.3% by 2023 and maintains the deficit at 4.1% of GDP

    Carpetas de AIReF
    The Independent Authority for Fiscal Responsibility (AIReF) improves the GDP forecast based on the new estimates from INE's Quarterly Accounts It estimates CPI growth of 3.7% in 2023, somewhat lower than projected in the spring, while the GDP deflator is expected to grow by 4.8% The extension of the measures implies an increase in the ... Read more

    AIReF forecasts that the Autonomous Regions will close 2023 with a deficit of 0.4% of GDP

    Informe Ejecución 2023
    The Independent Authority for Fiscal Responsibility (AIReF) published today on its website the Report on Budget Execution, Public Debt, and the Expenditure Rule for 2023 and the individual reports of the Autonomous Regions (ARs). In the general report, AIReF raises the sub-sector deficit for 2023 by one tenth of a percentage point to 0.4% of ... Read more

    Interactive Tools

    Interactive Tools AIReF has developed interactive tools that allow users to make simulations on the evolution of long-term expenditure and revenue, pension expenditure, expenditure on health or education, the population pyramid and the degree of targeting of possible changes in VAT. In addition, it has two Observatories that show the past and future evolution of … Read more

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    Economic Data

    Economic Data AIReF makes its data, projections and tools available to users for exhaustive monitoring of the evolution of the economy and the fiscal situation. The institution has models for analyzing key parameters such as compliance with the stability targets, the evolution of GDP in real time, GDP by Autonomous Regions and the evolution of … Read more

    Categories Uncategorised Tags

    AIReF holds a workshop with the main research services to address the challenges of economic forecasting

    Workshop AIReF servicios de estudio
    The Independent Authority for Fiscal Responsibility (AIReF) held today a workshop with the country's main research services to address the challenges of economic forecasting in Spain. The president of AIReF, Cristina Herrero, who opened the session, pledged to repeat the workshop every year so that it becomes a meeting point for generating debate and enriching ... Read more

    AIReF’s Advisory Board meets to analyse the Institution’s main actions in 2023

    Consejo Asesor 20230619
    The Advisory Board of the Independent Authority for Fiscal Responsibility (AIReF) met this Monday to analyse the main activities carried out by the Institution in the first six months of 2023. This is the first meeting to be held since last March when the nine members who have been on the Board since March 2021 ... Read more

    Second Opinion on Minimum Income Scheme

    This is the second Opinion issued by the Independent Authority for Fiscal Responsibility, AAI (AIReF) under Article 31.3 of Law 19/2021, of December 20, which establishes the Minimum Income Scheme. The Minimum Income Scheme is a non-contributory benefit aimed at preventing the risk of poverty of people who lack basic economic resources to cover their ... Read more

    AIReF reports little progress in the development of the Minimum Income Scheme

    The Independent Authority for Fiscal Responsibility (AIReF) reports that the number of beneficiaries of the Minimum Income Scheme (MIS) remains at 284,000 households, 35% of the 800,000 households that could receive it In 2022 nearly 470,000 eligible households, 58% of the total, did not apply for the MIS, and 69% of applications were denied 9 ... Read more