Researcher appointed to write the second history volume of the Department of Finance

The Irish Research Council and the Department of Finance announced today (Thursday) the appointment of Dr Ciarán Casey, to write the second volume of the history of the Department of Finance. Following a competitive application process administered by the Irish Research Council, Dr Casey of University College Dublin, was selected to chart the work of […]

SECOND STAGE FINANCE BILL 2019

A Cheann Comhairle, I move that this Bill be read a second time.    Two weeks ago I made my Budget statement in this House. I outlined how, after a long and difficult journey, balance was finally restored to the public finances last year. Despite many challenges, our economic growth is broadly based. Public capital investment […]

Minister Donohoe announces Government approval to draft legislation to regulate PCP and other credit type agreements

The Minister for Finance and Public Expenditure & Reform, Paschal Donohoe TD, today (Wednesday) announced Government approval to draft legislation to provide that all firms which offer personal contract plan (PCP), hire purchase and other similar credit type agreements to consumers will be required to be authorised by the Central Bank of Ireland as retail […]

Minister Donohoe welcomes payment of €5 million to charities under the Charities VAT Compensation Scheme

The Minister for Finance and Public Expenditure & Reform, Paschal Donohoe TD today (Tuesday) welcomed that, in line with his Budget 2018 commitment, five million euro will be distributed to charitable organisations in respect of a proportion of the VAT incurred by them in the procurement of goods and services associated with their activities. In […]

Government moves to modernise public financial reporting and accounting

Adopting international recommendations will underpin confidence in Ireland’s public finances and unlock value from state assets, says Minister Donohoe The Government has recently [15th October] agreed to an ambitious series of reforms to Ireland’s public financial standards, based on recommendations from an OECD Report. These reforms will move Ireland to the forefront of international best […]

Government takes further steps to promote ‘green’ public procurement

All State contracts to consider environmental impact The Minister for Finance & Public Expenditure and Reform, Paschal Donohoe TD; the Minister for Communications, Climate Action and Environment, Richard Bruton TD, and Minister of State at the Department of Public Expenditure and Reform, Patrick O’Donovan TD, today (Friday,18/10/2019) welcomed the publication of Circular 20/2019: Promoting the […]

Ministers Donohoe & Cannon launch Ireland’s Domestic Resource Mobilisation (DRM) initiative in Washington

Initiative aims to scale up support to strengthen developing countries’ tax administrative capacity Minister for Finance and Public Expenditure and Reform, Paschal Donohoe TD and Minister of State at the Department of Foreign Affairs, Ciaran Cannon TD, today (Friday) launched Ireland’s Domestic Resource Mobilisation (DRM) initiative in Washington, where they are attending the IMF and […]

Address to the Brookings Institution: Ireland’s Circles of Connection– the European Union, the United Kingdom and the United States

Ladies and Gentlemen, It is a pleasure to be back in Washington, and to be here again at the Brookings Institute. The last time I spoke here, I commented that we were at a key stage in the Brexit process. I think today we can truly say that we have reached a key moment, following […]

Minister Donohoe visits Washington D.C. to attend annual World Bank & IMF meetings

Meetings on Capitol Hill present valuable opportunity to discuss importance of trans-Atlantic relations The Minister for Finance and Public Expenditure & Reform, Paschal Donohoe TD, will travel tomorrow (Wednesday) to Washington D.C. to attend the Annual Meetings of the World Bank and International Monetary Fund (IMF). While in Washington, Minister Donohoe will also undertake a […]

Minister Donohoe announces Government approval for the publication of the Finance Bill

The Minister for Finance, Paschal Donohoe TD, today (Wednesday), announced Cabinet approval for the publication of the Finance Bill 2019 following the Government meeting yesterday. Finance Bill 2019 which will be published on Thursday 17th October runs to 75 sections and underpins the Government’s determination to prudently manage and protect the economy against the backdrop […]