Credit Demand Survey shows that 68% of SMEs reported a profit but business sentiment changes in the face of Brexit – Donohoe

The Department of Finance has today (Tuesday) published the latest in its series on SME Credit Demand Surveys which covers the six month period October 2018 – March 2019.  This survey series is currently being conducted by Fitzpatrick Associates in conjunction with Behaviour and Attitudes, on behalf of the Department of Finance.  It is the […]

Taoiseach, Minister Harris and Minister Donohoe announce 250 projects and €2 billion investment in the Health Service Executive’s Capital Plan

Over €2 billion capital investment for the Public Health Services over the next three years Taoiseach Leo Varadkar, Minister for Health Simon Harris and Minister for Finance & Public Expenditure and Reform Paschal Donohoe TD have today (2nd September 2019) announced the publication of the Health Service Executive’s Capital Plan. Welcoming the publication of the […]

Minister Donohoe & Food Fleadh invite you to take a bite of the Northside

Minister Paschal Donohoe officially launches the Smithfield Stoneybatter Food Festival Dublin, 29th August  Minister for Finance and Public Expenditure & Reform, Paschal Donohoe TD today launched the Smithfield & Stoneybatter Food Fleadh in the Jameson Distillery on Bow Street. Organised by the Smithfield & Stoneybatter Business Association, the festival will run from Friday 13th to […]

Ministers Donohoe and Humphreys note latest CSO figures confirming continued annual growth in Ireland’s labour market

Total employment in the second quarter of 2019 increased by 45,000 (+2.0 per cent) to 2,300,000 relative to the same period in 2018. Full-time employment increased by 39,300 over the same period (+2.2 per cent). Compared to the previous quarter, (seasonally adjusted) employment fell by 20,900 (-0.9 per cent) following exceptionally strong quarterly growth in […]

Minister Donohoe publishes 2019 Spending Review papers

The Minister for Finance and Public Expenditure & Reform, Paschal Donohoe T.D., has today (Thursday, 15 August 2019) published 18 papers as part of the Spending Review 2019. The Spending Review forms an integral part of the reformed budget process as it provides an opportunity to assess how spending is allocated. The Government’s budgetary strategy is […]

Annual Report on Public Debt identifies need to continue to run Budget surpluses – Donohoe

Public debt in Ireland increased to €206 billion in 2018; At an estimated 104 per cent of GNI*, debt remains elevated by both historical and international standards; On a per capita basis, debt increased to €42,500 last year, amongst the highest in the OECD; Uncertainty in the external environment and less favourable demographics in the […]

New Government initiative to help customs capacity post-Brexit

The Irish Government, in partnership with industry, launches new initiative to support Irish businesses trading with or through the UK in preparing for new customs formalities arising from Brexit. Clear Customs offers eligible customs agents, customs intermediaries and affected businesses a free training programme to build capacity in the customs sector. Additional support of €6,000 […]

Minister Donohoe to meet new UK Chancellor of the Exchequer, Sajid Javid

Minister for Finance and Public Expenditure and Reform, Paschal Donohoe T.D. is in London today (Tuesday) for a working visit and will meet with the Chancellor of the Exchequer, the Rt Hon Sajid Javid MP. The meeting will provide an opportunity to review current international economic developments, as well as to exchange perspectives on Brexit. […]

Minister Donohoe welcomes publication of the second review of NAMA under Section 227 of the NAMA Act

The Department of Finance has today (Thursday) published the second review of NAMA under Section 227 of the NAMA Act which covers the period 2014 – 2018. Section 227 of the NAMA Act requires the Minister for Finance to assess the extent to which NAMA has made progress toward achieving its overall objectives, and decide […]

Government approves draft legislation to facilitate transition of the Irish securities market

Minister for Finance and Public Expenditure and Reform, Paschal Donohoe TD and Minister for Business, Enterprise and Innovation, Heather Humphreys TD obtained Government agreement on Wednesday to draft legislation that could facilitate the longer term transition of the Irish securities market from its current settlement system based in London to the industry selected settlement system […]