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    AIReF English

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

    AIReF endorses Murcia’s macroeconomic forecasts for 2023

    Asamblea Murcia
    The Independent Authority for Fiscal Responsibility (AIReF) endorses the forecasts presented by Murcia for 2023. These macroeconomic forecasts are prepared in a context of uncertainty that complicates their assessment at a national level, but heightens them at a territorial level, since the latest information available on the Spanish Regional Accounts refers to 2020 and is ... Read more

    Report on the macroeconomic forecasts of Murcia’s Budget 2023

    The Independent Authority for Fiscal Responsibility (AIReF) endorses the forecasts for 2023 presented by Murcia. These macroeconomic forecasts are made in a context of uncertainty that makes it difficult to assess them at a national level, but even more so at a territorial level, since the latest information available on the Spanish Regional Accounts refers ... Read more

    AIReF projects that the reduction in debt causen by nominal growth runs out as from 2025 without additional measures

    Observatorio de Deuda
      The Independent Authority for Fiscal Responsibility notes that debt ratios have started to fall, although six euro area countries remain above 100% In Spain, AIReF estimates a further reduction in the ratio in 2023 due to the growth in nominal GDP The pace of reduction in the debt ratio is projected to slow down ... Read more

    AIReF publishes the third quarter estimate of the composition of national GDP by Autonomous Region

    The Independent Authority for Fiscal Responsibility (AIReF) today published the estimate of the GDP of the Autonomous Regions (ARs) for the third quarter of 2022 using the METCAP methodology (Methodology for Quarterly Estimation of GDP by Autonomous Region), which was created by the Institution. METCAP provides the first freely-accessible estimate in Spain that offers these ... Read more

    Report on the projects and main lines of the 2023 budget of Local Corporations

    The Independent Authority for Fiscal Responsibility (AIReF) publishes the Report on projects and fundamental lines of budgets for 2023 for Local Corporations (CCLL). AIReF estimates a surplus in 2023 of 0.5% of GDP in the CCLL, after reaching 0.2% in 2022. On October 25, AIReF issued the report on the 2023 Budget Projects and Main ... Read more

    Individual reports on the projects and main lines of the Autonomous Regions for 2023

    The Independent Authority for Fiscal Responsibility (AIReF) publishes the individual reports on the projects and fundamental lines of the Autonomous Regions' budgets for 2023 and the report with the individualized analysis of the Autonomous Regions. The Autonomous Regions subsector as a whole will improve substantially in 2023, reaching a deficit of 0.1% of GDP after ... Read more

    AIReF endorses the macroeconomic forecasts for 2023 for the Balearic Islands

    The Independent Authority for Fiscal Responsibility (AIReF) endorses the forecasts presented by the Balearic Islands for 2023. These macroeconomic forecasts are prepared in a context of uncertainty that complicates their assessment at a national level, but heightens them at a territorial level, since the latest information available on the Spanish Regional Accounts refers to 2020 ... Read more

    Report on the macroeconomic forecasts of Balearic Islands’ Budget 2023

    The Independent Authority for Fiscal Responsibility (AIReF) endorses the forecasts for 2023 presented by the Balearic Islands. These macroeconomic forecasts are made in a context of uncertainty that makes their assessment difficult at the national level, but even more so at the territorial level, since the latest information available on the Regional Accounts of Spain ... Read more

    AIReF endorses the macroeconomic forecasts for Madrid, the Canary Islands and Valencia for 2023

    Sede de la AIReF
    The Independent Authority for Fiscal Responsibility (AIReF) endorses and considers feasible the forecasts for 2023 presented by Madrid, the Canary Islands and Valencia. These macroeconomic forecasts are made against a backdrop of uncertainty that complicates their assessment at a national level, but heightens them at a territorial level since the latest information available on the ... Read more

    Report on the macroeconomic forecasts of Canary Islands’ Budget 2023

    The Independent Authority for Fiscal Responsibility (AIReF) endorses the forecasts for 2023 presented by the Canary Islands. These macroeconomic forecasts are made in a context of uncertainty that makes their assessment difficult at a national level, but even more so at a territorial level, since the latest information available on the Spanish Regional Accounts refers ... Read more