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Airef Worsens Its War Deficit Forecast and Warns of "Negative" Signals for the Economy

Summary by 20minutos
The president of the Independent Authority of Fiscal Responsibility (Airef), Inés Olóndriz, announced this Thursday that it has worsened its forecasts of public deficit for this year. Specifically, the agency in charge of monitoring the good performance of public finances points to the imbalance in public accounts in 2026 being 2.7% of GDP, a tenth more than expected before summer. This has been transferred by Olóndriz at an information breakfas…

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The president of the Independent Authority of Fiscal Responsibility (Airef), Inés Olóndriz, announced this Thursday that it has worsened its forecasts of public deficit for this year. Specifically, the agency in charge of monitoring the good performance of public finances points to the imbalance in public accounts in 2026 being 2.7% of GDP, a tenth more than expected before summer. This has been transferred by Olóndriz at an information breakfas…

·Madrid, Spain
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+4 Reposted by 4 other sources

The president of the Independent Tax Liability Authority (AIReF), Inés Olóndriz, has advanced on Thursday that the agency has raised a tenth, from 2.6% to 2.7% of GDP, its forecast of public deficit for 2026 and has considered it "very likely" that new measures are needed to address the surge of inflation.

The president of the Independent Tax Liability Authority (Airef), Inés Olóndriz, dismisses compliance with the spending ceiling this year and urges the government to maintain a "medium- and long-term" vision in the preparation of the Budgets of 2027. Read

·Madrid, Spain
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Expansión broke the news in Madrid, Spain on Thursday, September 17, 2026.
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