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    AIReF English

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

    AIReF estimates a Local Government surplus of 0.1% and foresees a risk of non-compliance with the expenditure rule in 10 of the Local Governments analysed

    The Independent Authority for Fiscal Responsibility (AIReF) published the Report on the Initial Budgets of the General Government (GG) for 2024 today, which is accompanied by the individual reports on the Autonomous Regions (ARs) and the supplementary individual evaluation report on the Local Governments (LGs). In this supplementary report, AIReF performs an individual and group ... Read more

    AIReF forecasts that the economy will grow by 2% in 2024 and the deficit will fall to 3% of GDP

    Informe Presupuestos Iniciales
    The Independent Authority for Fiscal Responsibility (AIReF) updates its macroeconomic and fiscal forecasts and medium-term scenarios with the new information available and the latest measures approved It raises the forecast for GDP growth in 2024 to 2% and estimates that the rate will gradually converge in the medium term to potential growth It maintains the ... Read more

    Supplementary Individual Assessment Report on the 2024 Budgets of Local Governments

    The Independent Authority for Fiscal Responsibility (AIReF) completes its assessment of the Initial Public Administrations Budgets 2024 with the supplementary report on the local sub-sector, which analyses individually and as a group the 24 large local authorities (EELLs) that, because of the size of their budgets, competences, organisational structures and population affected, have a decisive ... Read more

    President’s agenda

    President’s agenda The presidency of the Independent Authority for Fiscal Responsibility (AIReF) leads and represents the Institution towards national and international institutions. Cristina Herrero has held the position since January 2020, when she was appointed interim president until her appointment was unanimously agreed by Congress in March 2020. The agenda provides information on the institutional … Read more

    AIReF will pay particular attention to the transposition of the new European fiscal framework into national law

    Copia de INFOGRAFÍA RESUMEN (2)
    The Independent Authority for Fiscal Responsibility (AIReF) publishes the 2024 Action Plan, the fourth in the 2020-2026 Strategic Plan 2024 is set to be a key year for fiscal policy due to the return to fiscal rules and the new European fiscal framework AIReF will pay special attention to the new European framework and its ... Read more

    AIReF welcomes the new class of the High Service of State Economists and Trade Experts

    Sede de AIReF
    The Independent Authority for Fiscal Responsibility (AIReF) today welcomed the new promotion of High Service of Economists and Trade Experts, the body of the General State Administration that specialises in drawing up and implementing the Government's economic and commercial policies.  As on previous occasions with various bodies that have recently joined the Administration, the new ... Read more

    Aurora Revuelta Sánchez-Beato

    Aurora Revuelta Sánchez-Beato Presidency Budget Analysis Economic Analysis Public Expenditure Evaluation Legal Affairs Secretary Aurora performs office duties for the division director such as management, preparation of his agenda, mail and calls, coordination of division meetings, travel arrangements and management and processing of different documents in support of technical meetings. Aurora holds a Superior Degree … Read more

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    AIReF publishes its 2023 Annual Report

    Recorte vídeo memoria
    In the field of supervision, the Independent Authority for Fiscal Responsibility (AIReF) made recommendations to manage institutional uncertainty and prepare public finances for the return to fiscal rules Medium-term fiscal scenarios were developed for the General Government as a whole and each Autonomous Region and further in-depth analysis of sustainability was carried out The first ... Read more

    AIReF meets with the spokespersons of the Parliamentary Finance and Civil Service and Budget Committees

    Sede de la AIReF
    The Steering Committee of the Independent Authority for Fiscal Responsibility (AIReF) met today at the AIReF head offices with the spokespersons of the Finance and Civil Service and Budget Committees of the Congress of Deputies to take stock of the institution's activity, the economic and fiscal outlook and its evaluation activity. Accountability is one of ... Read more

    “AIReF’s analytical potential will be very useful for applying the new fiscal rules”, says Cristina Herrero

    CH almuerzo ingenieros
    The President of the Independent Authority for Fiscal Responsibility (AIReF), Cristina Herrero, took part today in the 16th Lunch of the Industrial Engineering Association, highlighting the role played by AIReF in the Spanish economy. In her words, AIReF was and is a necessary institution that brings great added value to both public managers and society ... Read more