Department of Finance (Ireland)
Encyclopedia
The Department of Finance is a department
of the Government of Ireland. It is led by the Minister for Finance
and is assisted by one Minister 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.
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:
!No.
!Name
!Entered Office
!Left 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
|-
|colspan="4"|
!No.
!Name
!Entered Office
!Left 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||Incumbent
|}
Department of State (Ireland)
A Department of State of Ireland, is a department or ministry of the Government of Ireland. The head of such a department is a Minister of the Government , often called a 'cabinet minister' or 'government minister' which should not be confused with Minister of State which is a junior non-cabinet...
of the Government of Ireland. It is led by the Minister for Finance
Minister for Finance (Ireland)
The Minister for Finance is the title held by the Irish government minister responsible for all financial and monetary matters. The office-holder controls the Department of Finance and is considered one of the most important members of the Government of Ireland.The current Minister for Finance is...
and is assisted by one Minister of State
Minister of State (Ireland)
A Minister of State in Ireland is of non-Cabinet rank, attached to one or more Departments of State of the Government of Ireland....
.
The Department of Finance is responsible for the administration of the public finances of the Republic of Ireland
Republic of Ireland
Ireland , described as the Republic of Ireland , is a sovereign state in Europe occupying approximately five-sixths of the island of the same name. Its capital is Dublin. Ireland, which had a population of 4.58 million in 2011, is a constitutional republic governed as a parliamentary democracy,...
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
- Minister for FinanceMinister for Finance (Ireland)The Minister for Finance is the title held by the Irish government minister responsible for all financial and monetary matters. The office-holder controls the Department of Finance and is considered one of the most important members of the Government of Ireland.The current Minister for Finance is...
: Michael NoonanMichael NoonanMichael Noonan is an Irish Fine Gael politician and has been the Minister for Finance since March 2011. He has been a Teachta Dála for the Limerick East and later Limerick City constituencies since 1981....
, TDTeachta DálaA Teachta Dála , usually abbreviated as TD in English, is a member of Dáil Éireann, the lower house of the Oireachtas . It is the equivalent of terms such as "Member of Parliament" or "deputy" used in other states. The official translation of the term is "Deputy to the Dáil", though a more literal...
- Minister of State for Public Service Reform and the Office of Public WorksOffice of Public WorksThe Office of Public Works is a State Agency of the Department of Finance in the Republic of Ireland...
: Brian HayesBrian Hayes (politician)Brian Hayes is an Irish Fine Gael politician. He is currently a Teachta Dála for the Dublin South West constituency and also the Minister of State at the Department of Finance.-Early life:...
, TD
- Minister of State for Public Service Reform and the Office of Public Works
- Secretary General of the Department: Kevin Cardiff
Overview
Ministers and Secretaries Act 1924
The Ministers and Secretaries Act, 1924 was one of the key statute laws enacted by the Irish Free State. Two years earlier the Irish Free State Constitution had provided for the formation of a cabinet called the Executive Council...
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
Secretary of the Department
|-!No.
!Name
!Entered Office
!Left 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
T. K. Whitaker
T.K. "Ken" Whitaker is an Irish economist and former public servant, credited with a pivotal role in the economic development of Ireland...
||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
|-
|colspan="4"|
Secretary General of the Department
|-!No.
!Name
!Entered Office
!Left 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||Incumbent
|}