Summer Economic Statement 2019 speech to Dáil Éireann

A Cheann Comhairle, Today the Government published its annual Summer Economic Statement.  This Statement is a key element in the reformed budgetary process. It provides an updated assessment of the fiscal policy parameters for discussion in the Dáil and, subsequently, at the National Economic Dialogue which is taking place tomorrow and Thursday. It also sets […]

Minister Donohoe publishes the Government’s Summer Economic Statement

Govt planning in advance of Budget 2020 aims to ensure that we continue to build on the progress of recent years and that the public finances and our people are protected The Minister for Finance and Public Expenditure and Reform, Paschal Donohoe T.D., today (Tuesday) published the Government’s Summer Economic Statement (SES). The SES forms […]

Minister Donohoe to progress Central Bank (Amendment) Bill 2019 the aim of which is to improve transparency and accountability in the financial sector

Proposed legislation seeks to achieve better outcomes for consumers and improve the sustainability of the financial system   The Minister for Finance and Public Expenditure & Reform, Paschal Donohoe TD, this morning (Tuesday) received agreement from his colleagues in Government to begin the process of drafting heads of a Central Bank (Amendment) Bill 2019 to […]

Minister Donohoe welcomes IMF Review Report of Irish economy 

Outlook for Ireland remains positive but Brexit risk significant  The Minister for Finance and Public Expenditure and Reform, Mr. Paschal Donohoe T.D., today welcomed the publication by the IMF of its regular review of the Irish economy, the Article IV report.   The Article IV report is a strategic review of the Irish economy and Government policies. The report sets out the […]

Finance Ministers set to agree decisions to strengthen Eurozone into the future – Donohoe

Finance ministers are meeting in Luxembourg today (Thursday) to discuss and agree the next stages of deepening Economic and Monetary Union (EMU).  In particular they will be making a number of important decisions that will help shape the Eurozone in the years ahead.     Last December, leaders of the euro area Member States requested their Finance Ministers to continue their work on a deeper and fairer EMU, in order to improve resilience to future economic […]

Speech to the European Federation of Public Service Unions , RDS

Good afternoon delegates. I would like to start by wishing you a very warm welcome, on behalf of the Irish people, to Dublin. We were pleased to be able to host. After all it’s not every year the European Federation of Public Service Unions comes to town. We always have to be careful with an […]

Opening Statement to the Budgetary Oversight Committee

Thank you Chairman for your invitation to engage with the Committee on the topic of the Local Property Tax (LPT) which was the subject of a recent review. I referred the review report to the Committee for its consideration in light of the report’s findings in relation to the impact of residential property price movements […]

Department of Finance launches public consultation on the options for the use of revenues raised by increases in Carbon Tax

The Department of Finance has launched a public consultation on the options for the use of revenues raised by increases in the Carbon Tax. The Department is undertaking this consultation following the recommendation set out in the final report of the Joint Oireachtas Committee on Climate Action (JCCA), Climate Change – a Cross-Party Consensus for […]

Minister Donohoe welcomes appointment of first Chief Executive Officer to HBFI

Ms Deering to bring wealth of banking and business experience to new role   The Minister for Finance and Public Expenditure and Reform, Paschal Donohoe T.D., has welcomed the appointment Dara Deering as the new Chief Executive Officer (CEO) of Home Building Finance Ireland (HBFI).   Ms. Deering was selected as the first CEO of […]

The Growing Blockchain Ecosystem and the Role of Government

Thank you to everyone for attending the event today. We are here today because we all have one thing in common: none of us wants to look back, in years to come, and think: ‘We missed the opportunity to embrace change’.   Consider this unprecedented era we live in.   Developments in technology have shortened […]