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    AIReF English

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

    Cristina Herrero highlights effective management, transparency and a strong legal basis as key elements of public action

    Cristina Herrero en la presentación de Hay Derecho
    The President of the Independent Authority for Fiscal Responsibility (AIReF), Cristina Herrero, took part today in the presentation of the Hay Derecho Foundation's 'Dedómetro', and highlighted the three elements that, in her opinion, are key to preserving the independence of public institutions: effective management, maximum transparency and a strong legal basis that guarantees functional autonomy. ... Read more

    AIReF organises a seminar with the Autonomous Regions on the new fiscal framework

    Today, the Independent Authority for Fiscal Responsibility (AIReF) organised a seminar with the Autonomous Regions (AR) on the new fiscal framework to address its challenges and implications at the regional level. The President of AIReF, Cristina Herrero, opened the seminar by highlighting the importance of the subject matter under discussion after the reform was finally ... Read more

    Cristina Herrero takes part in the 39th Cercle d’Economia Meeting, focused on boosting productivity

    Cristina Herrero Cercle d'Economía
    The President of the Independent Authority for Fiscal Responsibility (AIReF), Cristina Herrero, today took part in the 39th Cercle d'Economia Meeting held at the Palau de Congressos de Catalunya [Congress Centre of Catalonia], which focused on boosting productivity. Cristina Herrero took part in a round table on the pressing need to simplify administrative procedures, together ... Read more

    Cristina Herrero points out that public finances are now operating in a new economic and institutional context that must begin to be internalised

    Cristina Herrero foro fiscalidad Esade
    The President of the Independent Authority for Fiscal Responsibility (AIReF), Cristina Herrero, today closed the 3rd EsadeEcPol Taxation Forum, which focused on the sustainability of public debt. She stressed that the reform of the Stability and Growth Pact (SGP) represents an opportunity to tackle debt reduction from a comprehensive perspective and with a view to ... Read more

    Cristina Herrero analyses the Spanish budgetary situation and economic outlook at a Funcas workshop

    Cristina Herrero en Funcas
    The President of the Independent Authority for Fiscal Responsibility (AIReF), Cristina Herrero, today reviewed the situation and outlook for the Spanish economy at a workshop organised by the Fundación de Cajas de Ahorros (Funcas) [Spanish Foundation of Savings Banks], which was also attended by the Director of Economic Outlook at Funcas, Raymond Torres; the professor ... Read more

    “The sustainability of public finances must be addressed from a holistic perspective”, stated Cristina Herrero

    Cristina Herrero en RIFDE en Valencia
    The President of the Independent Authority for Fiscal Responsibility (AIReF), Cristina Herrero, took part today in the 11th Regional Finance Workshop of the Network of Researchers in Regional Financing and Financial Decentralisation in Spain (RIFDE), held at the IVIE headquarters in Valencia. During her speech, she stressed that the sustainability of public finances must be ... Read more

    Cristina Herrero takes part, together with the President of the OBR, in an economic debate organised by the British Embassy

    Embajada Reino Unido Madrid
    The President of the Independent Authority for Fiscal Responsibility (AIReF), Cristina Herrero, took part today in an economic debate at the UK Ambassador's residence in Madrid, together with Richard Hughes, president of the Office for Budget Responsibility (OBR), the UK's Independent Fiscal Institution. The meeting addressed the importance of fiscal institutions in the current economic ... Read more

    AIReF endorses the Government’s macroeconomic scenario for 2024 and 2025

    Carpetas de AIReF
    The Independent Authority for Fiscal Responsibility (AIReF) endorsed the scenario and sent the Report to the Government on April 26th The Government's scenario assumes real GDP growth of 2% in 2024 and 1.9% in 2025, identical figures to those published by AIReF With the entry into force of the new fiscal framework on April 30th, ... Read more

    AIReF publishes first quarter estimate of composition national GDP by Autonomous Regions

    METCAP 1T 2024
    The Independent Authority for Fiscal Responsibility (AIReF) today published the estimate of the GDP of the Autonomous Regions (ARs) for the first quarter of 2024 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

    AIReF develops a monitor tool of the Recovery, Transformation and Resilience Plan

    Vídeo PRTR
    ACCESS TO THE RTRP OBSERVATORY The Independent Authority for Fiscal Responsibility (AIReF) creates an interactive tool to overcome existing information limitations and incorporate the impact of the Recovery, Transformation and Resilience Plan (RTRP) into its supervisory work The tool focuses on formalised contracts and subsidies awarded up to March 31st, 2024, which amount to a ... Read more