Donohoe briefed to warn new Central Bank governor to watch costs

‘Onus to focus the Central Bank on a post-Brexit environment,’ briefing notes says

Gabriel Makhlouf took up his role as Central Bank governor full time on September 1st. Photograph: Vivek Prakash/Bloomberg/Getty Images

Gabriel Makhlouf took up his role as Central Bank governor full time on September 1st. Photograph: Vivek Prakash/Bloomberg/Getty Images

Minister for Finance Paschal Donohoe was briefed by his officials to warn the new governor of the Central Bank to keep a close eye on costs, according to documents released under freedom-of-information legislation.

The warning came in advance of the Minister’s meeting with Gabriel Makhlouf, who paid a two-day visit to Ireland ahead of taking up his role full time on September 1st.

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