Oireachtas Joint and Select Committees

Wednesday, 9 October 2024

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Engagement with the Central Bank of Ireland

1:30 pm

Mr. Gabriel Makhlouf:

The fact is we rely on American multinationals in the country. If there is change in the United States, that could have an effect but, to be frank, and I do not know if the Deputy was alluding to this about change after the US presidential election, I would not say that. There has been change which has led to the geopolitical tensions and geoeconomic fragmentation, as I said earlier, which has been happening for the past six to eight years. That, in itself, is creating greater risk here.

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