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Minister for Finance (Ireland)

From Wikipedia, the free encyclopedia
Irish government cabinet minister

Minister for Finance
Incumbent
Simon Harris
since 18 November 2025
Department of Finance
TypeFinance minister
StatusCabinet minister
Member of
Reports toTaoiseach
SeatDublin, Ireland
NominatorTaoiseach
AppointerPresident of Ireland
(on theadvice of theTaoiseach)
Inaugural holderEoin MacNeill
Formation22 January 1919
Salary€210,750(2025)[1]
(including €115,953TD salary)[2]
WebsiteOfficial websiteEdit this at Wikidata

TheMinister for Finance (Irish:An tAire Airgeadais) is a seniorminister in theGovernment of Ireland. The Minister for Finance leads theDepartment of Finance and is responsible for all financial and monetary matters of the state; and is considered the second most important member of the Government of Ireland, after theTaoiseach.

The current office holder isSimon Harris,TD; he is assisted by oneMinister of StateRobert Troy, TD.

Overview

[edit]
Government Buildings,Dublin, is the location of theDepartment of Finance

The Minister for Finance holds the second most important ministerial position in theIrish Cabinet after that of theTaoiseach. The minister is in charge of the Department of Finance responsible for all financial matters inIreland. It is one of three positions in the government which the Constitution requires to be held by a member ofDáil Éireann, the other two being Taoiseach andTánaiste. Ministers for finance who later became Taoiseach includeJack Lynch,Charles Haughey,Albert Reynolds,John Bruton,Bertie Ahern, andBrian Cowen.

The department and minister are occasionally called theIrish Exchequer (or simply theExchequer), a term previously used under theChancellor of the Exchequer of Ireland (disestablished in 1817).

Budget

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One of the most important aspects of the Minister's work is the creation of the annualbudget which is delivered to the Dáil in a speech, which must be given before 15 October due to theTwo-Pack agreement. In the budget, the minister details the government's spending programme for the coming year. The budget consists of:

  • a financial statement to the Dáil,
  • Budgetary measures (a list of budgetary changes detailing the cost/yield of same),
  • Budget statistics, and
  • financial resolutions.

Minister for Finance since 1919

[edit]
  Denotesacting Minister for Finance
NameTerm of officePartyGovernment(s)[a]
Eoin MacNeill22 January 19191 April 1919Sinn Féin1st DM
Michael Collins2 April 191922 August 1922Sinn Féin2nd DM • 3rd DM • 4th DM • 1st PG
W. T. Cosgrave(acting)17 July 192221 September 1923Pro-Treaty Sinn Féin1st PG • 2nd PG • 5th DM • 1st EC
Ernest Blythe21 September 19239 March 1932Cumann na nGaedheal2nd EC • 3rd EC • 4th EC • 5th EC
Seán MacEntee9 March 193216 September 1939Fianna Fáil6th EC • 7th EC • 8th EC • 1st • 2nd
Seán T. O'Kelly16 September 193914 June 1945Fianna Fáil2nd • 3rd • 4th
Frank Aiken19 June 194518 February 1948Fianna Fáil4th
Patrick McGilligan18 February 194813 June 1951Fine Gael5th
Seán MacEntee13 June 19512 June 1954Fianna Fáil6th
Gerard Sweetman2 June 195420 March 1957Fine Gael7th
James Ryan20 March 195721 April 1965Fianna Fáil8th • 9th • 10th
Jack Lynch21 April 196510 November 1966Fianna Fáil11th
Charles Haughey10 November 19667 May 1970Fianna Fáil12th • 13th
George Colley9 May 197014 March 1973Fianna Fáil13th
Richie Ryan[b]14 March 19735 July 1977Fine Gael14th
George Colley[c]5 July 197711 December 1979Fianna Fáil15th
Michael O'Kennedy[c]12 December 197916 December 1980Fianna Fáil16th
Gene Fitzgerald[c]16 December 198030 June 1981Fianna Fáil16th
John Bruton30 June 19819 March 1982Fine Gael17th
Ray MacSharry9 March 198214 December 1982Fianna Fáil18th
Alan Dukes14 December 198214 February 1986Fine Gael19th
John Bruton[d]14 February 198610 March 1987Fine Gael19th
Ray MacSharry[e]10 March 198724 November 1988Fianna Fáil20th
Albert Reynolds24 November 19887 November 1991Fianna Fáil20th • 21st
Charles Haughey(acting)7 November 199114 November 1991Fianna Fáil21st
Bertie Ahern14 November 199115 December 1994Fianna Fáil21st • 22nd • 23rd
Ruairi Quinn15 December 199426 June 1997Labour24th
Charlie McCreevy26 June 199729 September 2004Fianna Fáil25th • 26th
Brian Cowen29 September 20047 May 2008Fianna Fáil26th • 27th
Brian Lenihan7 May 20089 March 2011Fianna Fáil28th
Michael Noonan9 March 201114 June 2017Fine Gael29th • 30th
Paschal Donohoe[f]14 June 201717 December 2022Fine Gael31st • 32nd
Michael McGrath[g]17 December 202226 June 2024Fianna Fáil33rd • 34th
Jack Chambers26 June 202423 January 2025Fianna Fáil34th
Paschal Donohoe23 January 202518 November 2025Fine Gael35th
Simon Harris18 November 2025IncumbentFine Gael35th
Notes
  1. ^Before 1937: DM –Dáil Ministry; PG –Provisional Government; EC –Executive Council.
  2. ^AlsoMinister for the Public Service from 1 November 1973, on the creation of the new department.
  3. ^abcAlso Minister for the Public Service.
  4. ^Also Minister for the Public Service from 20 January to 20 March 1987, after the resignation of theLabour Party ministers from government.
  5. ^Also Minister for the Public Service until 20 March 1987, when the functions of the department were transferred to the Department of Finance.
  6. ^Minister for Public Expenditure and Reform from 6 May 2016 to 27 June 2020.
  7. ^Minister for Public Expenditure and Reform from 27 June 2020 to 17 December 2022.

See also

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References

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  1. ^"Salaries". 3 March 2025.
  2. ^"Salaries". 3 March 2025.

External links

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