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    AIReF English

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

    AIReF prescriptive opinion on pension revaluation confirms that a 0.25% increase should be applied in 2017

    Una rueda de prensa en la AIReF.

    On the basis of its analysis, AIReF concludes that the minimum increase of 0.25% should be applied to contributory pensions in 2017, as stated in the Spanish General State Budget Law for 2017. AIReF has to issue an opinion on the figures used by the Spanish Ministry of Employment & Social Security to determine the … Read more

    Assessment of the 2015 Revalorisation Pension Index

    Opinión índice revalorización pensiones

    The 2015 revalorisation pension index stands below 0.25%, therefore the minimum increase is applicable. According to the provisions included in its Organic Law, AIReF has assessed the compliance of the 2015 State Draft Budget and Main budgetary lines of the Regional Governments to the budget stability, debt and expenditure rule objectives. AIRef considers that “the … Read more

    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

    Changes in Budget Cycle Procedures

    Multi-Year Budget Scenarios. They are essential to specifying the implementation in the budget of the stability programme and facilitating its monitoring. Executive Sumary 1 Multi-Year Budget Scenarios. They are essential to specifying the implementation in the budget of the stability programme and facilitating its monitoring. 2 Harmonisation of Budget Structures of All Public Administrations. This … Read more