Department of Finance (Ireland)

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 Minister of State.

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
Annual budget€439 million (2017)
Ministers responsible
Department executive
Child agencies
Websitefinance.gov.ie

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

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 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. 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.

History

There was a Ministry of Finance in the Ministry of Dáil Éireann of the Irish Republic established on 22 January 1919.[3] It was provided a statutory basis by the Ministers and Secretaries Act 1924, passed soon after the establishment of the Irish Free State in 1922. This act provided it with:[4]

the administration and business generally of the public finance of Saorstát Eireann and all powers, duties and functions connected with the same, including in particular the collection and expenditure of the revenues of Saorstát Eireann from whatever source arising (save as may be otherwise provided by law), and the supervision and control of all purchases made for or on behalf of and all supplies of commodities and goods held by any Department of State and the disposal thereof, and also the business, powers, duties and functions of the branches and officers of the public service specified in the first part of the Schedule to this Act, and of which Department the head shall be, and shall be styled an t-Aire Airgid or (in English) the Minister for Finance.

The Schedule assigned it with the duties of the following bodies:[5]

  • 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.[6] Until 1980, the position of the Minister for the Public Service was required by law to be assigned to the Minister for Finance.[7][8] In 1987, these functions were transferred back to the Department of Finance.[9]

In 1980, the functions of the Department of Economic Planning were transferred to the Department of Finance.[10]

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.[11][12]

Secretaries of the Department

Secretary of the Department

No. Name Term of office
1.William O'BrienFebruary 192221 February 1923
2.Joseph Brennan22 February 192320 September 1927
3.James J. McElligott21 September 192731 March 1953
4.Owen J. Redmond1 April 195329 May 1956
5.T. K. Whitaker30 May 195628 February 1969
6.Charles H. Murray1 March 196929 February 1976
7.M.N. Ó Murchú1 March 197617 October 1977
8.Tomás F. Ó Cofaigh18 October 197731 October 1981
9.Maurice F. Doyle1 November 198130 April 1987
10.Seán P. Cromien1 May 198712 June 1994
11.Paddy Mullarkey13 June 19941 September 1997

Secretary General of the Department

No. Name Term of office
Paddy Mullarkey2 September 19979 March 2000
12.John Hurley10 March 200010 March 2002
13.Tom Considine11 March 200230 June 2006
14.David Doyle1 July 200629 January 2010
15.Kevin Cardiff1 February 20102 February 2012
16.John Moran6 March 20127 May 2014
17.Derek Moran3 July 2014Incumbent

See also

References

  1. "Bodies under the Aegis of the Department of Finance". finance.gov.ie. Retrieved 24 April 2018.
  2. "Our People". finance.gov.ie. Retrieved 24 April 2018.
  3. "Dáil Éireann debate - Wednesday, 22 January 1919: DAIL MINISTRY". Houses of the Oireachtas. Retrieved 2 November 2019.
  4. "Ministers and Secretaries Act 1924, Section 1: Establishment of the Departments of State". Irish Statute Book. 21 April 1924. Retrieved 2 November 2019.
  5. "Ministers and Secretaries Act 1924, Schedule". Irish Statute Book. 21 April 1924. Retrieved 5 October 2019.
  6. "Public Service (Transfer of Departmental Administration and Ministerial Functions) Order 1973". Irish Statute Book. 30 October 1973. Retrieved 28 August 2019.
  7. "Ministers and Secretaries (Amendment) Act 1973: Section 3, The Department of the Public Service". Irish Statute Book. 17 July 1973. Retrieved 2 November 2011.
  8. "Ministers and Secretaries (Amendment) Act 1980: Section 7, Repeal". Irish Statute Book. 18 March 1980. Retrieved 2 November 2011.
  9. "Public Service (Transfer of Departmental Administration and Ministerial Functions) Order 1987". Irish Statute Book. 19 March 1987. Retrieved 28 August 2019.
  10. "Economic Planning and Development (Transfer of Departmental Administration and Ministerial Functions) Order 1980". Irish Statute Book. 2 January 1980. Retrieved 27 September 2019.
  11. "Ministers and Secretaries (Amendment) Act 2011". Irish Statute Book. 4 July 2011. Retrieved 2 November 2011.
  12. "Ministers and Secretaries (Amendment) Act 2011 (Appointed Day) Order 2011". Irish Statute Book. 5 July 2011. Retrieved 2 November 2011.
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