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    AIReF English

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

    Reports on the Initial Budgets of the General Government 2022

    The Independent Authority for Fiscal Responsibility (AIReF) today published the Report on the Initial Budgets of the General Government (GG) for 2022. This report contains updates of its macroeconomic and fiscal forecasts in line with the new geopolitical situation, which has led to inflationary tensions that have not been seen since the 1970s, and the ... Read more

    AIReF lowers the forecast for 2022 GDP by two points, to 4,3%, and reduces the deficit estimate by 0.6 points, to 4.2% of GDP

    The Independent Authority for Fiscal Responsibility updates its forecasts to take into account the impact of the energy crisis and production supply problems, which have been amplified by the war in Ukraine The institution reduces growth by two points compared with the last report due to the succession of supply shocks Expected inflation for 2022 ... Read more

    Report on the government sector initial budgets for 2015

    Presentación Informe Presupuestos Iniciales de las Administraciones Públicas 2015. La AIReF reafirma que el objetivo de déficit del 4,2% del PIB 2015, es muy exigente. La Autoridad Independiente de Responsabilidad Fiscal (AIReF) publica el Informe sobre los Presupuestos iniciales de las Administraciones Públicas para 2015.   Related documents: Nota de Prensa Ver el informe completo … Read more

    AIReF recommneds the implementation of corrective measures in 7 Autonomous Communities due to risks of noncompliance with 2014 deficit target

    Deviation from the budget balance target (set to -1% of GDP) in Extremadura, Cataluña, Valencia y Murcia could exceed 1% of GDP whereas in Castilla-La Mancha, Andalucia and the Balearic Islands deviations could go up to 0.3% of GDP. There is practical certainty of deviation in the Autonomous Regions of Extremadura, Catalonia, Valencia and Murcia and … Read more