The Department of Finance ( ga, An Roinn Airgeadais) is a department of the

Government of Ireland The Government of Ireland ( ga, Rialtas na hÉireann) is the cabinet that exercises executive authority in Ireland. The Constitution of Ireland vests executive authority in a government which is headed by the , the head of government. The govern ...

. It is led by the

Minister for Finance A finance minister is an executive or cabinet position in charge of one or more of government finances, economic policy and financial regulation. A finance minister's portfolio has a large variety of names around the world, such as "treasury", " ...

and is assisted by two

Minister of State Minister of State is a title borne by politicians in certain countries governed under a parliamentary system. In some countries a Minister of State is a Junior Minister of government, who is assigned to assist a specific Cabinet Minister. I ...

. The Department of Finance is responsible for the administration of the public finances of the

Republic of Ireland Ireland ( ga, Éire ), also known as the Republic of Ireland (), is a country in north-western Europe consisting of 26 of the 32 counties of the island of Ireland. The capital and largest city is Dublin, on the eastern side of the island. ...

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

: Michael McGrath, TD **

Minister of State at the Department of Finance The Minister of State at the Department of Finance is a junior ministerial post in the Department of Finance of the Government of Ireland. A Minister of State does not hold cabinet rank. The position was created on 1 January 1978, replacing the ...

with responsibility for Financial Services, Credit Unions and Insurance: Seán Fleming, TD *Secretary General of the Department: John Hogan

Overview

The official headquarters and ministerial offices of the department are in

Government Buildings Government Buildings ( ga, Tithe an Rialtais) is a large Edwardian building enclosing a quadrangle on Merrion Street in Dublin, Ireland, in which several key offices of the Government of Ireland are located. Among the offices of State located ...

Merrion Street Merrion Street (; ) is a major Georgian street on the southside of Dublin, Ireland, which runs along one side of Merrion Square. It is divided into Merrion Street Lower (north end), Merrion Square West and Merrion Street Upper (south end). It ...

, Dublin. 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. There are nine divisions within the Department of Finance: *Shareholding and Financial Advisory Division *Tax Division *Economic Division *Financial Services Division with responsibility for Legal Unit *EU and International Division *Human Resources Division *International Finance and Climate Division *Banking Division *Corporate Affairs with responsibility for the Finance unit and FMU

History

There was a Ministry of Finance in the

Ministry of Dáil Éireann Ministry may refer to: Government * Ministry (collective executive), the complete body of government ministers under the leadership of a prime minister * Ministry (government department), a department of a government Religion * Christian mi ...

of the

Irish Republic The Irish Republic ( ga, Poblacht na hÉireann or ) was an unrecognised revolutionary state that declared its independence from the United Kingdom in January 1919. The Republic claimed jurisdiction over the whole island of Ireland, but by ...

established on 22 January 1919. It was provided a statutory basis by the Ministers and Secretaries Act 1924, passed soon after the establishment of the

Irish Free State The Irish Free State ( ga, Saorstát Éireann, , ; 6 December 192229 December 1937) was a state established in December 1922 under the Anglo-Irish Treaty of December 1921. The treaty ended the three-year Irish War of Independence between ...

in 1922. This act provided it with: The Schedule assigned it with the duties of the following bodies: *The business and functions formerly administered, and discharged by the British Treasury in Ireland. *The Revenue Commissioners. *The Paymaster General and Deputy Paymaster for Ireland. *The Government Actuary. *The Commissioners of Public Works in Ireland. *The Civil Service Commission. *The Commissioner of Valuation and Boundary Surveyor for Ireland. *The Ordnance Survey. *The Superintendent of the Teachers' Pension Office. *The Stationery Office. *The Old Age Pensions, save as regards appeals governed by Statute. *The Post Office Savings Bank (administered through the Minister for Posts and Telegraphs as agent). *The Registrar of Friendly Societies. The Department of Finance has retained its title since its establishment. In 1973, its public service functions were transferred to the new Department of the Public Service. Until 1980, the position of the Minister for the Public Service was required by law to be assigned to the Minister for Finance. In 1987, these functions were transferred back to the Department of Finance. In 1980, the functions of the Department of Economic Planning were transferred to the Department of Finance. These functions are principally to promote and co-ordinate 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. In July 2011, the Department of Public Expenditure and Reform was established, and a considerable number of the functions of the Department of Finance were transferred to that department.

Secretaries of the Department

References

External links

Department of FinanceStructure of the Department
{{DEFAULTSORT:Department Of Finance (Ireland) 1919 establishments in Ireland

Finance Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of f ...

Ireland Ireland ( ; ga, Éire ; Ulster-Scots: ) is an island in the North Atlantic Ocean, in north-western Europe. It is separated from Great Britain to its east by the North Channel, the Irish Sea, and St George's Channel. Ireland is the s ...