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    AIReF English

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

    AIReF estimates a public deficit of 4,8% in 2022, despite a reduction of GDP growth of 6,3%

    After receiving relevant statistical and economic information, AIReF revises its GDP growth forecasts for 2021 and 2022 downwards, to 5.5% and 6.3%, respectively, compared with the 6.5% and 7% projected by the Government The Government's macroeconomic scenario underpinning the budget remains achievable as it falls within the confidence bands resulting from the probabilistic analysis, although ... Read more

    Report on the main budgetary lines and draft budget of the General Government (GG) for 2022

    REPORT ON THE MAIN BUDGETARY LINES AND DRAFT BUDGET OF THE GENERAL GOVERNMENT (GG) FOR 2022. PRESENTATION OF THE REPORT ON THE MAIN BUDGETARY LINES AND DRAFT BUDGET OF THE GENERAL GOVERNMENT (GG) FOR 2022. EXECUTIVE SUMMARY OF THE REPORT ON THE MAIN BUDGETARY LINES AND DRAFT BUDGET OF THE GENERAL GOVERNMENT (GG) FOR 2022. ... Read more

    AIReF endorses Galicia’s macroeconomic forecasts for 2022

    The Independent Authority for Fiscal Responsibility (AIReF) endorses as prudent the macroeconomic forecasts put forward by Galicia  for 2022. However, it considers that the growth estimates for 2021 are very unlikely, although feasible within the current context of uncertainty. According to the Law on the Establishment of AIReF, the macroeconomic forecasts incorporated in the draft ... Read more