AIReF Approves Government Pension Spending Forecast but Warns: Public Debt Will Rise to 123% of GDP
10 Articles
10 Articles
The Independent Tax Accountability Authority has updated its sustainability analysis of public finances at the request of the Government.
The Independent Tax Liability Authority (AIReF) has issued a devastating report in which it notes that the current state of pension expenditure does not guarantee the sustainability of the system. Thus, professionals point out that this cost will reach 14.6% of Spain’s Gross Domestic Product (GDP) in the coming years. Thus, the body disproves the overly optimistic discourse of the Sánchez government. In this sense, AIReF ensures that the pension…
The spending rule is met, but it is compatible with an upward debt trajectory, which would reach 123% of GDP by 2050
The entity indicates that it complies with the pension spending rule. However, it warns that it is not well designed and that, to this day, spending would not be sustainable. More information: The average retirement pension grows more than prices in 2026 while workers are impoverished by inflation.
The Independent Tax Liability Authority (AIReF) has ratified that pension reform is in line with the so-called spending rule, and more loosely than in its...
In the ever-discussed issue of the sustainability of the pension system, today a significant element will come into play, the pronouncement of Airef, which will make public its study on the rule of expenditure. It is the continuation of the report that it approved just a year ago, in which, let us remember, it gave a scrape approval and above all, it criticized the method that it had had to use. From that moment on, and despite the approval gran…
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