DUBLIN, July 12 (Reuters) - Ireland's central bank governor
is sceptical about a cut to VAT under consideration by
government to help boost the economy, saying on Sunday that it
should not be the main measure of a stimulus plan due later this
month.
"I'm always a bit sceptical about the value of a reduction
in VAT, it may have it's place but it can't be the main
measure," Gabriel Makhlouf told Irish national broadcaster RTE
in an interview.
"I tend to be sceptical about using tax as a measure to
provide support from government. I think it's much better to
provide direct support because it allows you to target that
support but more effectively and efficiently."
(Reporting by Padraic Halpin
Editing by Raissa Kasolowsky)