Ireland’s central bank chief says October annual budget might harm the economy

Ireland’s central bank chief says October annual budget might harm the economy

The Irish central bank’s governor, Gabriel Makhlouf, has raised concerns about the government’s focus on enhancing the economy in its October annual budget. Makhlouf warns that the country could be in a bad situation if the government pushes its agenda to boost spending excessively. This statement comes two weeks after the government’s October annual budget proposals were released. The plans comprised a 6.4% increase in spending that everyone ne…