Following the provisions of Organic Law 6/2013 creating AIReF, the macroeconomic forecasts that are incorporated into the draft budgets of all Public Administrations must have a report from AIReF indicating whether they have been endorsed.
This report assesses the macroeconomic forecasts that will accompany the 2021 budget project for Galicia. This autonomous community presents GDP growth estimates in terms of volume and employment for the period 2020-2021.
In addition to evaluating the degree of realism of these forecasts, it is also assessed whether the scenarios meet the requirements established by European regulations for the Member States of the EU, as specified in Article 4 of Directive 2011/85/EU, of November 8, 2011.