This report assesses the macroeconomic forecasts that will accompany the preliminary draft of the 2020 budget for the Canary Islands, as they are differentiated forecasts from those of the Spanish economy as a whole.
The GDP and Employment forecasts are evaluated, analyzing the presence of biases. As a result of its analysis, AIReF endorses the macroeconomic forecasts for 2020 for the Canary Islands as prudent, as they fall within the medium or low range of the intervals for both variables.
