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    AIReF English

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

    AIReF estimates that nine Autonomous Regions will close 2022 with a deficit below the reference rate of -0.6%

    The Independent Authority for Fiscal Responsibility (AIReF) published on Thursday 7th April the Report on the Initial Budgets of the General Government (GG) for 2022 and the individual reports of each Autonomous Region (AR), in which it estimates that nine ARs will close 2022 with a deficit below the reference rate of -0.6%. For the ... Read more

    AIReF estimates a deficit of 10.9% GDP in 2020 but does not rule out the possibility of 13.8% in a more adverse scenario

    Cristina-Herrero-presenta-informe-APE-
    In its report on the Stabiility Programme Update (SPU), the Independent Authority for Fiscal Responsability (AIReF) has included two of its own macroeconomic and fiscal scenarios to respond to current circumstances In the most positive scenario, which is similar to that of the Stability Programme Update (SPU), the deficit would be 10.9% GDP in 2020. ... Read more

    AIReF has revised upwards its projection for the general government deficit ratio to a range between 4,1% and 4,7% of GDP, depending on the implementation of the measures committed by the Government

    Rueda de prensa en la AIReF

    Report on expected compliance with the 2016 budget stability, government debt and expenditure rule targets by the Public Administrations Presentación

    Report on the 2014-2015 Economic & Financial Plans of the Autonomous Regions

    Access to report on the 2014-2015 Economic & Financial Plans of the Autonomous Regions Related documents: Press Release

    Compliance with Deficit and Debt Targets

    Compliance with Deficit and Debt Targets Executive Summary 1 There are risks of non-compliance with the public  debt threshold established for 2020. 2 The assessment of the General Government’s  (GG) compliance with the appropriate debt targets  must be performed at all levels comparing the  initially set target and the actual data observed,  both falling under … Read more