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    AIReF English

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

    AIReF will publish it’s first Opinion about the Minimum Living Income during the first quarter of 2022

    Sede AIReF

    The Independent Authority for Fiscal Responsibility (AIReF) will publish its first Opinion on the Minimum Living Income (MLI) in the first quarter of 2022, in accordance with the Work Plan approved by the Institution and which has been published on its website today. This Opinion is to be published in accordance with the provisions of … Read more

    AIReF publishes the study ‘Active Labor Market Policies in Castile and Leon’

    It analyses four programmes of the set of active employment policies managed by the region’s Public Employment Service (ECYL) Training for unemployed people has a limited impact on employability which increases when supplemented by job guidance and placement strategies To improve management efficiency, AIReF proposes making the service provision model more flexible in order to ... Read more

    Cristina Herrero participates in a seminar about Independent Fiscal Institutions organised by the European Commission

    Annual Report 2021
    The President of the Independent Authority for Fiscal Responsibility (AIReF), Cristina Herrero, took part on Thursday in the seminar on “Review of fiscal governance: Independent Fiscal Institutions”, organised by the European Commission. In her speech, she highlighted the characteristics that make AIReF a solid and independent institution and identified possible improvements that would contribute towards ... Read more

    Cristina Herrero analyses the economic and budgetary challenges of the recovery

    AIReF’s President stated that the recovery is subject to two major uncertainties: the new fiscal framework after the deactivation of the escape clause, possibly in 2023, and the impact of the Funds from the Recovery, Transformation and Resilience Plan (RTRP)  Cristina Herrero explained that the economy is recovering at a slower pace than previously estimated ... Read more

    Cristina Herrero appeared before the Budget Committee of the Senate

    The Institution revises its deficit forecast for 2021 to stand at 7.3% of GDP and maintains the 2022 forecast at 5% of GDP This revision follows the incorporation of new macroeconomic and budgetary information since publication of the last Report on October 25th Cristina Herrero described 2022 as a decisive year, marked by a high ... Read more

    AIReF organises a workshop with all the public authorities to explain its work and strengthen channels for cooperation

    The Independent Authority for Fiscal Responsibility (AIReF) today held the workshop “AIReF at the service of public authorities” with the aim of offering all the authorities a closer look at the institution’s work and to strength avenues for cooperation. It was attended by over 100 representatives from different tiers of government in face-to-face and virtual ... Read more

    AIReF endorses the macroeconomic forecasts for Asturias and Murcia for 2022

    The Independent Authority for Fiscal Responsibility (AIReF) endorses as prudent the macroeconomic forecasts for 2022 put forward by Asturias and Murcia. However, it considers that in both cases the growth estimates for 2021 are very unlikely, although acceptable within the current context of uncertainty. According to the Law on the Establishment of AIReF, the macroeconomic ... Read more