Cristina Herrero, president of AIReF, appeared before the Senate Budget Committee this Tuesday, where she pointed out: shut down open may be even lower than this number Based on the development of the collection, according to his calculations, this will exceed the Government’s by at least 10,000 million.
Compared to 2023, if the anti-war measures in Ukraine are not extended (AIReF estimates this at 3.3% of GDP), but not extended, the deficit will also be below 3.9% of GDP expected by the Government.
“This Budget has notable shortcomings,” Herrero insisted.The collection estimate for 2022 is “unreal” and expenditures are also “incomplete” because it does not include the extension of measures that are already known to occur.
AIReF projects economic growth of 1.5% for 2023 (far from the Government’s 2.1%), so that the pre-pandemic level will recover by the end of 2023 or the beginning of 2024.
Adding that confidence indicators are “still not rising” and that others, such as the PMI, are entering “constriction territory”, Herrero acknowledged that the indicators point to “a certain robustness in the job market.”
Herrero expects inflation to be “slightly lower” this year than current forecasts and 8.9% in 20233.9% if energy measures are extended and 5% if they are not.