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    AIReF English

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

    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

    Cristina Herrero participates in the 9th Iberian Seminar of Economists

    The President of the Independent Authority for Fiscal Responsibility (AIReF), Cristina Herrero, participated today, together with her Portuguese counterpart, Nazaré da Costa, in the 9th Iberian Seminar of Economists, organised by the Consejo General de Economistas of Spain and the Ordem dos Economistas of Portugal. Cristina Herrero highlighted the role that these institutions play, which ... Read more

    AIReF estimates a surplus of 0.5% of GDP for the Local Government in 2023

      The Independent Authority for Fiscal Responsibility maintains the year-end 2022 LG surplus at 0.2% after publication of the latest data The LG surplus is marked by the settlements of the financing system and the compensation between 2022 and 2024 for the negative settlement of 2020 In the medium term, the LG surplus will grow ... Read more

    The deficit of the Autonomous Regions will fall to 0.1 % of GDP in 2023 due to the increase in the resvenue of the financing system

    Mapa CCAA
    The regions will close 2022 with a public deficit of 1% of GDP, a figure higher than that estimated in July The improvement in the balance in 2023 is explained by the sharp increase in interim payments and the positive settlement of the financing system after a year of negative settlement that more than offset ... Read more

    AIReF endorses the macroeconomic forecasts for 2023 for the Balearic Islands

    The Independent Authority for Fiscal Responsibility (AIReF) endorses the forecasts presented by the Balearic Islands 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 ... Read more

    AIReF endorses the macroeconomic forecasts for Madrid, the Canary Islands and Valencia for 2023

    Sede de la AIReF
    The Independent Authority for Fiscal Responsibility (AIReF) endorses and considers feasible the forecasts for 2023 presented by Madrid, the Canary Islands and Valencia. These macroeconomic forecasts are made against a backdrop of uncertainty that complicates their assessment at a national level, but heightens them at a territorial level since the latest information available on the ... Read more