A successful vaccine rollout 'should see economy recover in second half of 2021'
The Central Bank governor said today that the positive economist forecast “remains contingent on key assumptions regarding Covid-19 developments.”
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The Central Bank governor said today that the positive economist forecast “remains contingent on key assumptions regarding Covid-19 developments.”
Gabriel Makhlouf was addressing the Special Dáil Committee on Covid-19 this morning.
The Central Bank has warned that the longer the pandemic lasts, the greater the risk to the Irish economy.
Economic resilience is needed for the country to meet the economic challenges ahead, Gabriel Makhlouf said.
It all stems from a leak of New Zealand’s budget earlier this year.
Gabriel Makhlouf told the minister he accepts the findings of the probe into the New Zealand budget controversy.
Finance minister Paschal Donohoe said that he wished the incident with Gabriel Makhlouf had never happened.
Questions have been raised about whether he misled authorities following a high profile budget leak.
Gabriel Makhlouf was chosen to succeed the outgoing governor Philip Lane.