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    AIReF English

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

    Report on the macroeconomic forecasts of Galicia’s Budget 2024

    The Independent Authority for Fiscal Responsibility (AIReF) endorses the forecasts accompanying Galicia's 2024 draft budget, which presents estimates of GDP growth and its components on the supply and demand side in volume terms, as well as GDP in current terms, the implicit GDP deflator and employment for the period 2023-2024 different from the latest estimates ... Read more

    Report on the macroeconomic forecasts of Aragon’s Budget 2024

    The Independent Authority for Fiscal Responsibility (AIReF) endorses the forecasts accompanying Aragon's 2024 draft budget, which presents estimates of GDP growth, in volume terms and at current prices, of the GDP deflator and of employment and the unemployment rate for the period 2023-2024 that differ from the latest estimates of the macroeconomic scenario for the ... Read more

    Report on the macroeconomic forecasts of the Budgetary Plan for 2024

    The Independent Authority for Fiscal Responsibility (AIReF) publishes the Report on the forecasts of the 2024 Budgetary Plan in which it endorses the macroeconomic scenario that accompanies the 2024 Budget Plan, which envisages real GDP growth of 2.4% in 2023 and 2% in 2024. These figures are in the central range of the probability bands ... Read more

    Report on the macroeconomic forecasts of the 2024 budget of Basque Country

    In this report, the Independent Authority for Fiscal Responsibility (AIReF) assesses the forecasts accompanying the draft 2024 budget of the Basque Country, which presents estimates of GDP growth, in volume terms and at current prices, of its supply and demand components, of the GDP deflator and of the employment and unemployment rate for the period ... Read more

    Report on the macroeconomic forecasts of Castile-La Mancha’s Budget 2024

    This report assesses the forecasts accompanying the 2024 draft budget of Castile-La Mancha, which presents estimates of GDP growth, in volume terms and at current prices, and of employment in terms of employed persons from Regional Accounting for the period 2023-2026 different from the latest estimates of the macroeconomic scenario for the national set. Castile-La ... Read more

    Supplementary Report on Budgetary Execution, Public Debt, Spending Rule 2023 of Local Entities

    The Independent Authority for Fiscal Responsibility (AIReF) has the legal mandate to report every year on the budget execution, public debt and expenditure rule of the different Public Administrations (PAs). This report is complementary to the one published last July 6 and includes the individualized assessment of the main fiscal indicators that make it possible ... Read more

    Individual reports by Autonomous Regions of the Budgetary Execution Report, Public Debt, Expenditure Rule 2023

    AIReF publishes the individual reports on the budgetary execution, public debt and expenditure rule 2023 of the Autonomous Regions. These reports complete the pronouncement on the subsector contained in the Report on the budgetary execution, public debt and expenditure rule in 2023 of the General Government. AIReF raises the deficit of the subsector for 2023 ... Read more

    Report on Budgetary Execution, Public Debt and the Expenditure Rule 2023 of General Government

    The Independent Authority for Fiscal Responsibility (AIReF) publishes the Report on the Budgetary Execution, Public Debt and Expenditure Rule 2023 of the General Government, in which it updates its macroeconomic and fiscal forecasts after incorporating the latest available data and the new measures adopted by the governments. AIReF projects that real GDP growth for 2023 ... Read more

    Report on the Stability Programme Update 2023-2026

    The Independent Authority for Fiscal Responsibility (AIReF) publishes the Report on the Stability Programme Update 2023-2026 in which it states that the Government is complying with its commitment to reduce the public deficit to below 3% of GDP over the projection horizon, although, according to the institution's forecasts, this variable will stabilize at 3% from ... Read more

    Endorsement of the macroeconomic forecasts of the Stability Programme 2023-2026

    The Independent Authority for Fiscal Responsibility publishes its endorsement of the macroeconomic forecasts that accompany the Stability Programme Update (SPU) for the years 2023-2026. AIReF considers that both the real and nominal GDP path are feasible and, therefore, endorses the medium-term macroeconomic scenario proposed by the Government. However, it stresses that the endorsement has been ... Read more