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    AIReF English

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

    AIReF publishes the fourth quarter estimate of the composition of national GDP by Autonomous Regions

    The Independent Authority for Fiscal Responsibility (AIReF) published today the estimate of the GDP of the Autonomous Regions for the fourth quarter of 2022 using the methodology known as METCAP (Methodology for Quarterly Estimates of GDP by Autonomous Region), created by the Institution. METCAP provides the first open-access estimate in Spain that offers these data ... Read more

    AIReF estimates that 2022 closed with real GDP growth of 5.3% and a public deficit of 4.5%

    DÉFICIT 2022
      The Independent Authority for Fiscal Responsibility estimates real GDP growth of 5.3% in 2022 and 1.6% in 202 The inflation forecast for 2022 is lowered by 5 tenths of a percentage point to 8.4% due to the recent moderation in energy prices. The CPI forecast for 2023 is raised by 3 tenths of a ... Read more

    AIReF publishes the follow-up of the recommendations made in the third quarter of 2022

    Sede de la AIReF
      AIReF made 7 recommendations, 6 of them new and one considered a live recommendation The Independent Authority for Fiscal Responsibility (AIReF) published on its website today the monitoring of the recommendations made in the third quarter of the year. Specifically, AIReF made 7 recommendations, 6 of which are new and one considered a live ... Read more

    AIReF’s Advisory Board meets to analyse the institution’s actions in 2022 and 2023

    Advisory Board
    The Advisory Board of the Independent Authority for Fiscal Responsibility (AIReF) met on Wednesday to analyse the main activities carried out by the institution in 2022 and those planned for 2023. This is the fourth meeting held since the President of AIReF, Cristina Herrero, appointed the new directors in March 2021. The President of AIReF, Cristina ... Read more

    AIReF publishes the evaluation of institutional publicity at Regional Government of Castile and Leon

    Publicidad CYL
     The evaluation by the Independent Authority for Fiscal Responsibility (AIReF) highlights the importance of institutional publicity on the media system  AIReF makes 19 proposals to improve governance, procurement criteria, evaluation, transparency and the distribution of funds AIReF proposes a revision of the model of jurisdictional distribution differentiated by medium, greater professionalism in the creative design ... Read more

    AIReF expands its Autonomous Regions Observatory with new expenditure and revenue indicators

      The new version of AIReF's Autonomous Regions Observatory includes a primary expenditure indicator and a breakdown into key public services such as healthcare, education and social services As regards revenue, it includes indicators that measure the use of the tax capacity of the ARs and indicators on homogeneous financing per capita received from the ... Read more

    AIReF makes proposals to improve efficiency in cooperation planning in Spain and strengthen its institutional design

    Estudio Fonprode
    The Independent Authority for Fiscal Responsibility (AIReF) makes 19 proposals to develop towards a system that contributes to achieving the commitments taken on in development cooperation more efficiently and effectively It proposes to strategically plan the role of EU instruments and develop a regulatory framework that leads to the efficient allocation of responsibilities It indicates ... Read more

    The Government approves AIReF’s Action Plan for the first phase of the new Spending Review 2022-2026

    Carpetas de AIReF
    On December 5th, the Council of Ministers endorsed the Action Plan drawn up by the Independent Authority for Fiscal Responsibility (AIReF) for the first phase of the new Spending Review 2022-2026, formalised in December 2021. The new cycle, which is based on the commitment made by the Government in the Recovery, Transformation and Resilience Plan ... Read more

    Cristina Herrero presents in the Senate the reports on the Main Lines of the Public Administrations’ Budgets

      On October 4th, AIReF endorsed the macroeconomic outlook that accompanies the Budgets as it considered the nominal GDP growth forecast by the Government to be feasible, although it warned of predominating risks in 2023 The most recent employment data are relatively robust, but growth in services and manufacturing industries are slowing, confidence is not ... Read more

    Cristina Herrero highlights the role of fiscal institutions in the new fiscal framework

    Cristina Herrero en la Cátedra Fundación La Caixa Economía y Sociedad
    The President of the Independent Authority for Fiscal Responsibility (AIReF), Cristina Herrero, took part today in the “La Caixa” Foundation Chair in Economics and Society and highlighted the role that independent fiscal institutions such as AIReF will play in the new fiscal framework, if the proposal published by the Commission on November 9th comes to ... Read more