AIReF Raises Spain’s Economic Growth Forecast to 2%

Spain’s Independent Authority for Fiscal Responsibility, AIReF, has raised its growth forecast for the economy this year to 2 percent, while maintaining its public deficit projection at 3 percent of GDP.

This outlook is due to better-than-expected economic performance in 2023.

AIReF anticipates a challenging medium-term scenario, requiring adjustments to comply with the new European fiscal framework.