Ireland’s Makhlouf Welcomes Infrastructure Focus in Budget

In its latest budget, the Irish government has shifted its focus towards infrastructure development, which has been welcomed by the Central Bank of Ireland Governor Gabriel Makhlouf. Makhlouf had previously cautioned that Ireland's ability to attract investment was contingent on addressing existing infrastructure constraints. The budget includes measures aimed at improving the country's transport, housing, and digital connectivity. Makhlouf praised this move, stating that it aligns with the Central Bank's recommendations and will help enhance Ireland's long-term economic prospects. The emphasis on infrastructure investment is seen as a positive step in addressing the challenges faced by the Irish economy, particularly in areas such as housing and transportation. By prioritizing these critical areas, the government aims to create a more conducive environment for business growth and foreign direct investment. The article highlights the collaborative approach between the government and the Central Bank in shaping economic policies that address the country's pressing infrastructure needs and strengthen its overall competitiveness.