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    AIReF English

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

    AIReF endorses Asturias’s macroeconomic forecasts for 2023

    Asturias, parlamento
    The Independent Authority for Fiscal Responsibility (AIReF) endorses the forecasts presented by Asturias for 2023. These 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 not ... Read more

    AIReF organises a workshop with the Public Administrations on fiscal policy, fiscal rules and the RTRP

    The Independent Authority for Fiscal Responsibility (AIReF) has organised, for the second straight year, a workshop with the Public Administrations. The situation and perspectives of fiscal policy, the reform of the framework of European and national fiscal governance and the Recovery, Transformation and Resilience Plan (RTRP) were addressed at this second edition. The President of … Read more

    AIReF publishes the studies on the spending review in different areas of Aragon

     AIReF proposes 40 measures to improve the efficacy of public spending within the scope of hospital, pharmacy, outpatient and socio-health centres in Aragon. Specifically, it suggests continuing to foster the use of biosimilar medication and improving the system of registering the purchase prices of medication to ensure more uniform prices Working along these two lines ... Read more

    Cristina Herrero believes that evaluation should be consolidated as a key tool in the sustainability of public finances

    Cristina Herrero jornada Spending Review IEHPA
    The president of the Independent Authority for Fiscal Responsibility (AIReF), Cristina Herrero, participated today in the conference on Spending Reviews organized by the Institute of Studies on Public Finance of Andalusia (IEHPA) and affirmed that evaluation must be consolidated as a key tool in the sustainability of public finances. As Cristina Herrero explained, the generation ... Read more

    AIReF endorses Catalonia’s macroeconomic forecasts for 2023

    The Independent Authority for Fiscal Responsibility (AIReF) endorses the forecasts presented by Catalonia 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

    Cristina Herrero, after receiving the APIE ‘Tintero’ award, states, “Without transparency, AIReF would not be AIReF”

    Cristina Herrero recibe el premio Tintero que le entrega el presidente de la APIE
    The President of the Independent Authority for Fiscal Responsibility (AIReF), Cristina Herrero, today received the ‘Tintero’ award granted by the Association of Economic Information Journalists (APIE) for her work at the head of the institution. After receiving the award, the President highlighted the importance of transparency for AIReF – one of the pillars of the ... Read more

    Cristina Herrero highlights the role of fiscal institutions as guarantors of sustainability

    X Congreso Nacional de Auditorias - Cristina Herrero
    The President of the Independent Authority for Fiscal Responsibility (AIReF), Cristina Herrero, participated today in the 10th National Congress on Auditing in the Public Sector organised by the FIASEP Foundation. During her speech, she reviewed the role played by fiscal institutions such as AIReF, which have the core mandate of ensuring the sustainability of public ... Read more

    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

    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