Central Bank Governor says Government must prioritise infrastructure and increase tax base

Gabriel Makhlouf told Finance Minister Paschal Donohue said changes needed to maintain economic stability

The Government must prioristise investment in infrastucture and reduce the costs of delivery to maintain Ireland’s economic stability, the governor of the Central Bank Gabriel Makhlouf told the Institute of International and European Affairs in Dublin on Thursday.  Picture: Vivek Prakash/Bloomberg

The Government must prioristise investment in infrastucture and introduce ‘structural reforms’ to reduce the costs of delivery to maintain Ireland’s economic stability, the governor of the Central Bank has said.

Governor Gabriel Makhlouf made his comments in a speech at the Institute of International and European Affairs in Dublin on Thursday. Mr Makhlouf said he had also expressed his opinions in a letter to Finance Minister Paschal Donohue earlier this month.