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Revision as of 13:27, 11 November 2017

Department of Finance
Department overview
Formed22 January 1919
JurisdictionIreland
HeadquartersGovernment Buildings,
Merrion Street, Dublin 2, D02 R583
53°20′21″N 6°15′13″W / 53.33917°N 6.25361°W / 53.33917; -6.25361
Minister responsible
Department executive
Websitefinance.gov.ie

The Department of Finance (Irish: An Roinn Airgeadais) is a department of the Government of Ireland. It is led by the Minister for Finance and is assisted by two Ministers of State.

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.

Departmental team

Overview

Government Buildings, Dublin, is the location of the Department of Finance.

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. These were in turn transferred to the Department of Public Expenditure and Reform in July 2011.

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.

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

See also