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    AIReF English

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

    AIReF endorses the macroeconomic forecast for Murcia for 2024

    Asamblea Murciana
    The Independent Authority for Fiscal Responsibility (AIReF) endorses the forecasts that accompany the 2024 draft budget for Murcia, which present different growth estimates of the Gross Domestic Product (GDP) in volume terms and at current prices, of the GDP deflator and of employment for the period 2023-2024, from the latest macroeconomic scenarios for the country ... Read more

    AIReF endorses the macroeconomic forecast for Balearic Islands for 2024

    Parlamento Islas Baleares fachada
    The Independent Authority for Fiscal Responsibility (AIReF) endorses the forecasts that accompany the 2024 draft budget for the Balearic Islands, which present different growth estimates of the Gross Domestic Product (GDP) in volume terms and at current prices, and of employment for the period 2023-2024, from the latest macroeconomic scenarios for the country as a ... Read more

    Cristina Herrero reviews the macroeconomic and fiscal situation at the Socioeconomic Forum of Valencia

    Cristina Herrero CES CV noviembre 2023
    The President of the Independent Authority for Fiscal Responsibility (AIReF), Cristina Herrero, took part today in the first Socioeconomic Forum organised by the Economic and Social Committee (CES) of Valencia, where she reviewed the macroeconomic and fiscal situation in the country, characterised by economic and institutional uncertainty, the economic slowdown and the vulnerable state of ... Read more

    Report on the macroeconomic forecasts of Canary Islands’ Budget for 2024

    The Independent Authority for Fiscal Responsibility (AIReF) endorses the forecasts accompanying the 2024 draft budgets of the autonomous community of the Canary Islands, which include estimates of GDP in volume and current terms, the implicit GDP deflator and employment for the period 2023-2026. The Canary Islands estimates GDP growth in volume terms of 2% in ... Read more

    Report on the macroeconomic forecasts of Catalonia’s Budget for 2024

    The Independent Authority for Fiscal Responsibility (AIReF) endorses the forecasts accompanying the 2024 draft budgets of Catalonia, which present estimates of GDP growth in volume and current terms, of its demand-side and employment components for the period 2023-2024, different from the latest estimates of the macroeconomic scenario for the country as a whole. This community ... Read more

    Report on the macroeconomic forecasts of Region of Valencia’s Budget for 2024

    The Independent Authority for Fiscal Responsibility (AIReF) endorses the forecasts accompanying the 2024 draft budgets of the Valencian Region, which present estimates in volume terms for the period 2023-2025 and employment for the period 2023-2024. The Comunitat Valenciana estimates GDP growth in volume terms of 1.9% in 2024. This forecast coincides with AIReF's central estimate ... Read more

    AIReF endorses the macroeconomic forecasts for Catalonia, Valencia and Canary Islands for 2024

    Sede de la AIReF
    The Independent Authority for Fiscal Responsibility (AIReF) endorses the forecasts that accompany the 2024 draft budgets for Catalonia, Valencia and the Canary Islands, which present different estimations from the macroeconomic scenario for the country as a whole. According to the Organic Law on the Creation of AIReF, the macroeconomic forecasts incorporated in the draft budgets ... Read more

    AIReF proposes a legal reform to strengthen the budget as an instrument of fiscal and economic policy

    Carpetas de AIReF
    AIReF has identified weaknesses since 2014, exacerbated in the 2023 General State Budget (GSB) with a lack of information on the measures to combat the crisis, significantly reducing their usefulness as a fiscal policy tool To address these shortcomings, AIReF proposes a series of measures to strengthen the GSB as a tool for fiscal and ... Read more

    Cristina Herrero shares her vision of reform of Stability Pact and role of IFIs with European Parliament

    Cristina Herrero Parlamento
    The President of the Independent Authority for Fiscal Responsibility (AIReF), Cristina Herrero, took part today in a session on the reform of the fiscal rules organised at the headquarters of the European Parliament in Madrid, where she advocated the importance of ambition in the reform of the fiscal rules currently being debated in Europe. During ... Read more

    Cristina Herrero: “The national reform of the fiscal rules could go beyond what is agreed in Europe”

    The President of the Independent Authority for Fiscal Responsibility (AIReF) declares her backing for the proposed reform of the Stability and Growth Pact (SGP) presented by the European Commission in April She expresses her support for establishing adjustment paths differentiated by country and a priority focus on public spending rather than the fiscal imbalance and ... Read more