Department of Finance (Ireland)
|Formed||22 January 1919|
Merrion Street, Dublin 2
|Minister responsible||Michael Noonan, TD,
Minister for Finance
|Department executive||Derek Moran,
The Department of Finance is responsible for the administration of the public finances of the Republic of Ireland and all powers, duties and functions connected with the same, including in particular, the collection and expenditure of the revenues of Ireland from whatever source arising.
- Minister for Finance: Michael Noonan, TD
- Secretary General of the Department: Derek Moran
The official headquarters and ministerial offices of the department are in Government Buildings, Merrion Street, Dublin 2. The Department of Finance has a central role in implementing Irish Government policy, in particular the Programme for Government, and in advising and supporting the Minister for Finance and the Government on the economic and financial management of the State and the overall management and development of the public sector. According to the Ministers and Secretaries Act 1924 the Department of Finance is responsible for ".... the administration and business generally of the public finance of Ireland and all powers, duties and functions connected with the same, including in particular, the collection and expenditure of the revenues of Ireland from whatever source arising...."
A government order in 1980 allocated additional functions to the Department of Finance. These functions are principally to promote and coordinate economic and social planning, including sectoral and regional planning, to identify development policies, to review the methods adopted by departments of state to implement such policies and generally to advise the government on economic and social planning matters. Under a government order of March 1987, the functions of the former Department of the Public Service were also transferred to the Department of Finance.
There are a number of divisions within the Department of Finance. They are:
- Financial Services Division – deals with policy and legislation on the regulation of the financial services sector and the stability of the financial system.
- Budget Taxation and Economic Division – deals with overall budgetary policy; economic policy and forecasting; and taxation policy.
- Sectoral Policy Division – deals with sectoral policy advice and formulation in conjunction with the responsible departments; and public expenditure management issues.
- Public Services Management and Development – deals with public service modernisation, public service pay and conditions and public service policy. This division was transferred to the Department of Public Expenditure and Reform in July 2011.
Secretaries of the Department
Secretary of the Department
|No.||Name||Term of office|
|1.||William O'Brien||February 1922||21 February 1923|
|2.||Joseph Brennan||22 February 1923||20 September 1927|
|3.||James J. McElligott||21 September 1927||31 March 1953|
|4.||Owen J. Redmond||1 April 1953||29 May 1956|
|5.||T. K. Whitaker||30 May 1956||28 February 1969|
|6.||Charles H. Murray||1 March 1969||29 February 1976|
|7.||M.N. Ó Murchú||1 March 1976||17 October 1977|
|8.||Tomás F. Ó Cofaigh||18 October 1977||31 October 1981|
|9.||Maurice F. Doyle||1 November 1981||30 April 1987|
|10.||Seán P. Cromien||1 May 1987||12 June 1994|
|11.||Paddy Mullarkey||13 June 1994||1 September 1997|
Secretary General of the Department
|No.||Name||Term of office|
|Paddy Mullarkey||2 September 1997||9 March 2000|
|12.||John Hurley||10 March 2000||10 March 2002|
|13.||Tom Considine||11 March 2002||30 June 2006|
|14.||David Doyle||1 July 2006||29 January 2010|
|15.||Kevin Cardiff||1 February 2010||2 February 2012|
|16.||John Moran||6 March 2012||7 May 2014|
|17.||Derek Moran||3 July 2014||Incumbent|