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    AIReF English

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

    AIReF recommends eleven Local Governments to analyse the increases in expenditure since 2019 and avoid further increases without permanent financing

    Carpetas de AIReF
    The Independent Authority for Fiscal Responsibility notes that the average growth in computable expenditure in 2022 was more than 9%, a figure that is unprecedented and follows an increase of more than 7% in 2021 Between 2019 and 2022, the period in which the fiscal rules have been suspended, the eligible expenditure of large local ... Read more

    Four Autonomous Regions will close 2023 with a deficit above the benchmark of 0.3% of GDP set for the sub-sector

    The Independent Authority for Fiscal Responsibility (AIReF) today published on its website the individual reports on the Initial Budgets of the Autonomous Regions (AR) for the year 2023. For the sub-sector as a whole, the institution estimates a deficit of 0.3% in 2023, similar to the benchmark set for the ARs by the Government and ... Read more

    AIReF participates in the European Commission’s technical assistance to Poland to implement public expenditure assessments

    The Independent Authority for Fiscal Responsibility (AIReF) today received a delegation from the Polish Ministry of Finance, accompanied by the European Commission, to advise them on the implementation of spending review studies or Spending Reviews. To implement these projects, the Polish Ministry is supported by the Technical Support Instruments (TSI) managed by the European Commission's ... Read more

    Cristina Herrero participates in a colloquium on fiscal rules organised by Fundación Alternativas

    Cristina Herrero en la Fundación Alternativas
    The president of the Independent Authority for Fiscal Responsibility (AIReF), Cristina Herrero, took part today in a colloquium on EU fiscal rules organised by Fundación Alternativas, where views were exchanged on the new EU fiscal framework proposed by the European Commission. Cristina Herrero explained that although the proposal points towards a more flexible framework insofar ... Read more

    AIReF: “At no time have we questioned the employment statistics”

    Carpetas de AIReF
    The Independent Authority for Fiscal Responsibility (AIReF) has asked “Comisiones Obreras” (CCOO), one of the Spanish main worker’s unions, through its Communication Office, to rectify the communiqué published yesterday in relation to the position of the public finance supervisory body on the unemployment rate, as "at no time have we questioned the employment statistics". In ... Read more

    AIReF estimates economy to grow 1.6% in 2023 and deficit to close at 4.2% of GDP

    The Independent Authority for Fiscal Responsibility maintains its growth forecast unchanged at 1.6% and expects a consumer price index change of 4% Raises the public deficit forecast for 2023 by 9 tenths of a percentage point due to measures to alleviate the energy crisis, to 4.2% of GDP The revenue forecast decreases by one percentage ... Read more

    Cristina Herrero highlights the planning exercise that entails the Recovery Plan

    CRISTINA HERRERO WAKE UP SPAIN
    The president of the Independent Authority for Fiscal Responsibility (AIReF), Cristina Herrero, took part today in the 'Wake up Spain' conference organised by the newspaper El Español, where she stressed the importance of carrying out planning exercises like the one done with the Recovery, Transformation and Resilience Plan (RTRP) at a time of uncertainty such ... Read more

    Cristina Herrero receives the Economic and Social Relevance Award from the Economists Association of Alicante

    The president of the Independent Authority for Fiscal Responsibility (AIReF) received today the Economic and Social Relevance Award from the Official Economists Association of Alicante for her contribution to the economic development of Spain and its autonomous communities. Cristina Herrero is the first person to receive this award. The president began her speech by thanking ... Read more

    Cristina Herrero highlights the key role of public policy evaluation at AIReF

    Cristina Herrero Jornada Evaluación KPMG 3.pdf
    The president of the Independent Authority for Fiscal Responsibility (AIReF), Cristina Herrero, participated today in a conference on Evaluation organised by KPMG, where she highlighted the role played by public policy evaluation at AIReF, which has become a fundamental pillar of the institution. During her speech, the president reviewed the evolution of AIReF's evaluation activity ... Read more

    Cristina Herrero reaffirms AIReF’s commitment to improving access to data

    AIReF APIE 2
    The president of the Independent Authority for Fiscal Responsibility (AIReF) today closed the workshop given by the Association of Economic Information Journalists (APIE) and AIReF on database access and management in which she reaffirmed AIReF's commitment to information transparency and access to data. The workshop, organised at AIReF's headquarters, was opened by the economic journalist ... Read more